Middle East Economic Survey

VOL. XLIX

No 4

23-January-2006

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2006

2005

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

US

Basrah Light (WTI

2nd Month)

-10.50

-10.65

-10.80

-10.90

-10.25

-8.35

-7.35

-6.65

-7.85

-9.95

-7.90

-8.80

-9.80

Europe

Basrah...