VOL. XLV

No 9

4-March-2002

Crude Oil Formulas/Posted Prices($/B)

Iraq ($/B)

...

2002

Feb(1)

Jan(2)

Jan(3)

US (Price Ref WTI)*

Kirkuk (36º) [Ceyhan]

NA

-3.85

-3.85

Basrah Light (34º) [al-Bakr]

NA

-4.15

-4.15

Europe (Price Ref Dated Brent)

Kirkuk (36º) [Ceyhan]

-2.30

-2.30

-0.85

Basrah Light (34º) [al-Bakr]

-3.15

-3.20

-2.00

Asia (Price Ref Oman/Dubai)**

Basrah Light (34º) [al-Bakr]

-0.35

-0.45

-0.45

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