VOL. XLV

No 11

18-March-2002

OILPRICES

CrudeOil Formulas/Posted Prices ($/B)

Iraq($/B)

2002

Mar(1)

Mar(2)

Feb(3)

Feb(4)

Jan(5)

Jan(6)

US (Price Ref WTI)*

Kirkuk (36º)

-3.55

-3.55

-3.30

-3.30

-3.85

-3.85

Basrah Light (34º)

-3.90

-3.90

-3.85

-3.70

-4.15

-4.15

Europe (Price Ref Dated Brent)

Kirkuk (36º)

-2.40

-2.00

-1.85

-2.30

-2.30

-0.85

Basrah Light (34º)

-2.85

-3.00

-3.05

-3.15

-3.20

-2.00

...