VOL. XLVI

No 19

12-May-2003

OIL PRICES/OPEC

Crude Oil Formulas/Posted Prices ($/B)

Abu Dhabi,Oman and Qatar($/B)

2003

2002

Avg

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

2002

Abu Dhabi

Murban (39)

25.05

29.10

31.70

29.60

27.15

24.40

27.35

27.70

26.10

24.88

Lower Zakum (40)

25.05

29.15

31.75

29.65

27.20

24.45

27.35

27.70

26.10

24.90

Umm Shaif (37)

24.80

28.90

31.50

29.40

26.95

...