VOL. XLV

No 15

15-April-2002

Crude Oil Formulas/Posted Prices($/B)

Iran(Oman/Dubai or BWAVE +/- Adjustment Factor; $/B)

2002

2001

Asia*(O/D)

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Iranian Light (34º)

+0.40

+0.30

+0.40

+0.30

+0.20

+0.15

+0.15

+0.25

Iranian Heavy (31º)

-0.10

-0.10

Parity

-0.10

-0.10

-0.20

-0.10

-0.20

Foroozan (31º)

-0.03

-0.03

+0.05

-0.05

-0.05

-0.20

-0.10

-0.20

NWE/S Africa**(BWAVE)

...