VOL. XLVI

No 35

01-September-2003

OPEC

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Syrian Light (37)

-0.50

-0.70

-1.90

-1.25

-1.75

-1.80

-1.80

-1.80

-0.75

-0.95

-2.35

-1.25

-0.80

Syrian Heavy (24)

-3.05

-3.15

-3.75

-4.00

-4.75

-5.50

-5.75

-5.90

-6.00

-5.55

-5.25

-4.50

-2.90