Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2006

2005

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Asia (O/D)

Iranian Light (34)

+0.35

0.00

+0.15

-0.15

+0.05

+0.55

+0.95

+0.95

+0.95

+1.15

+0.75

+0.35

-0.05

Iranian Heavy (31)

-2.17

-2.07

-2.27

-2.97

-2.82

-2.20

-1.70

-1.20...