Middle East Economic Survey

VOL. XLVII

No 46

15-November-2004

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2004

Dec

Nov

 Oct

Sep

 Aug Jul Jun

May

 Apr

Mar

 Feb Jan

Asia (O/D)

Iranian Light (34)

-0.22

+0.28

+0.63

+0.56

+0.68

+0.98

+0.95

+0.80

+0.70

+0.60

+0.60

+0.95

Iranian Heavy (31)

-3.05

-2.90

-1.80

-1.48

-0.85

-0.45

-0.60

-0.45

-0.55

-0.65

-0.75

-0.30

...