Middle East Economic Survey

VOL. XLVII

No 34

23-August-2004

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2004

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Marib Light (40)

NA

NA

NA

NA

NA

+0.10

+0.10

+0.10

-0.10

Masila (30)

-2.00

-1.10

-0.97

-1.03

-1.10

-1.10

-0.85

-0.50

-0.50