VOL. XLIV

No. 23

4-June-2001

Crude Oil Formulas/Posted Prices ($/B)

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

2001

2000

Saharan

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Blend (44º)

+0.40

+0.55

+0.25

+0.40

+0.80

+0.40

+0.60

+0.40

+0.37

Iraq ($/B)

2001

Jun(1)

May(2)

May(3)

May(4)

Apr(5)

Mar(6)

US (Price Ref WTI)*

Kirkuk (Ceyhan)

-7.90

-8.50

-8.50

-8.50

-8.90

-8.60

Basrah Light (al-Bakr)

-8.45

-9.45

-9.45

-9.45

-9.65

-9.55

Europe (Price Ref Dated Brent)

Kirkuk (Ceyhan)

-3.30

-3.00

-2.85

-3.20

-4.20

-4.70

Basrah Light (al-Bakr)

-4.10

-5.10

-5.10

-5.10

...