VOL. XLV

No 48

2-December-2002

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2002

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Syrian Light (37º)

-0.95

-1.35

-1.25

-0.80

-0.95

-0.80

-1.20

-1.40

-1.30

-1.15

-1.50

+0.05

Syrian Heavy (24º)

-5.55

-5.25

-4.50

-2.90

-2.50

-2.50

-2.90

-3.20

-3.40

-3.60

-3.85

-3.60

Yemen (Dated...