VOL. XLIV

No. 04

22-January-2001

Crude Oil Formulas/Posted Prices

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

2001

2000

Saharan

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Blend (44ยบ)

+0.80

+0.40

+0.60

+0.40

+0.37

+0.15

-0.38

+0.05

Iraq

2001

2000

Feb

Jan

Dec

Nov (1)

Nov (2)

Oct (3)

Oct (4)

US (Price RefWTI)(5)

Kirkuk (Ceyhan)

-8.05

-7.80

-7.35

-6.40

-6.40

-5.80

-5.80

Basrah Light (al-Bakr)

-8.35

-8.70

-8.60

-7.60

-7.60

-7.00

-7.00

Europe (Price Ref Dated Brent)

Kirkuk (Ceyhan)

-3.00

-3.00

-3.55

-3.20

-3.30

-4.20

-5.00

Basrah Light (al-Bakr)

-4.50

-5.20

-4.85

...