VOL. XLVI

No 4

27-January-2003

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2003

2002

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Bonny Light (37º)

+0.60

+0.37

+0.20

+0.28

+0.23

+0.26

+0.23

+0.04

+0.03

+0.08

+0.05

+0.14

Brass River (41º)

+0.62

+0.40

+0.22

+0.30

+0.20

+0.28

+0.25

+0.08

+0.05

+0.12

+0.08

+0.15

Qua Iboe (37º)

...