VOL. XLV

No 25

24-June-2002

Crude Oil Formulas/Posted Prices($/B)

Algeria(Dated Brent +/- Adjustment Factor; $/B)

2002

2001

Saharan

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Blend (44º)

-0.30

-0.55

-0.40

-0.40

None

+0.06

+0.32

+0.53

+0.33

+0.10

Iraq($/B)

2002

Jun(1)

Jun(2)

May(3)

May(4)

Apr(5)

Mar(6)

Mar(7)

US (Price Ref WTI)*

Kirkuk (36º)

-3.25

-3.25

-3.75

-3.15

-3.00

...