Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

Crude Oil Formulas/Posted Prices ($/B)

Iran (+ / - Adjustment Factor; $/B)

2007

2006

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Asia (O/D)

Iranian Light (34)

+0.30

+0.10

+0.20

0.00

+0.15

+0.55

+0.47

+0.47

+0.32

+0.32

-0.13

+0.17

+0.50

Iranian Heavy (31)

-2.65

-3.15

-3.45

-3.00

-3.00

-3.47

-3.09

-3.09

-3.09

-3.02

...