VOL. XLV

No 21

27-May-2002

OIL PRICES

CrudeOil Formulas/Posted Prices ($/B)

Algeria(DatedBrent +/- Adjustment Factor; $/B)

2002

2001

Saharan

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Blend (44º)

-0.55

-0.40

-0.40

None

+0.06

+0.32

+0.53

+0.33

+0.10

Nigeria(DatedBrent +/- Adjustment Factor; $/B)

2002

2001

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Bonny Light (37º)

+0.03

+0.08

+0.05

+0.14

+0.25

...