Middle East Economic Survey

VOL. XLIX

No 12

20-March-2006

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

Yemen (Dated Brent + / - Adjustment Factor; $/B)

2006

2005

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Marib Light (40)

-0.60

-1.00

-0.50

-1.20

-1.20

-1.50

-1.80

-0.60

-0.50

NA

-0.20

NA

+0.10

Masila (30)

-1.30

-2.20

-1.95

-1.95

-2.35

-3.30

-3.85

-3.30

-3.22

-2.52

-3.60

-3.30

-3.70

...