VOL. XLV

No 29

22-July-2002

CrudeOil Formulas/Posted Prices ($/B)

Iraq($/B)

2002

Jul(1)

Jul(2)

Jun(3)

Jun(4)

May(5)

May(6)

Apr(7)

US (Price Ref WTI)*

Kirkuk (36º)

-3.05

-3.05

-3.25

-3.25

-3.75

-3.15

-3.00

Basrah Light (34º)

-3.60

-3.60

-3.85

-3.85

-4.15

-3.45

-3.25

Europe (Price Ref Dated Brent)

Kirkuk (36º)

-1.55

-1.65

-1.80

-2.15

-2.20

-2.20

-2.50

Basrah Light (34º)

-2.70

-2.50

-2.55

...