Middle East Economic Survey

VOL. LIV

No 5

31-Jan-2011

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

Iran (+ / - Adjustment Factor; $/B)

2011

2010

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Asia (Oman/Dubai)

Iranian Light (34)

+1.82

+1.82

+0.57

+0.17

-0.28

-0.40

+0.10

+0.05

+0.40

+0.10

-0.25

+0.10

+0.35

Iranian Heavy (31)

-0.90

-0.50

-1.53

-1.73

-1.98

-2.05

-1.65

...