VOL. XLVI

No 26

30-June-2003

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2003

2002

Saharan

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Blend (44)

0.00

0.00

+0.30

+0.55

+0.35

+0.80

+0.55

+0.17

+0.26

-0.06

+0.20

+0.09

-0.30

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

...

2003

2002

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul