VOL. XLVII

No 09

01-March-2004

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2004

2003

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Bonny Light (37)

+0.28

+0.22

+0.15

+0.38

+0.48

+0.33

+0.28

+0.12

+0.48

+0.26

+0.44

+0.44

+0.20

Brass River (36)

+0.30

+0.25

+0.18

+0.40

+0.51

+0.34

+0.32

+0.14

+0.50

+0.32

+0.49

+0.49

+0.25

Qua Iboe (37)

...