VOL. XLVI

No 48

1-December-2003

OPEC

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2003

Saharan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Blend (44)

+0.22

+0.40

+0.05

0.00

-0.35

0.00

0.00

+0.30

+0.55

+0.35

+0.80

+0.55

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

2003

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Suez Blend (33)

-1.90

-1.90

...