Middle East Economic Survey

VOL. XLVII

No 35

30-August-2004

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

Libya (Dated Brent +/- Adjustment factor; $/B)

2004

Sept

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Zueitina (41)

+0.55

-0.20

-0.50

-0.10

-0.10

-0.10

-0.10

0.00

0.00

Brega (40)

+0.80

+0.05

-0.25

+0.25

+0.25

+0.20

+0.20

+0.25

+0.25

Sirtica (41)

Parity

-0.50

-0.70

-0.30

-0.30

-0.30

-0.25

-0.20

...