VOL. XLIV

No. 25

18-June-2001

Crude Oil Formulas/Posted Prices ($/B)

Iran (Oman/Dubai or Dated Brent or BWAVE +/- Adjustment Factor; $/B)

2001

Asia* (O/D)

Jul

Jun

May

Apr

Mar

Feb

Jan

Iranian Light (34º)

+0.45

+0.20

+0.20

+0.20

+0.35

-0.35

0.00

Iranian Heavy (31º)

-0.15

-0.25

-0.15

-0.15

-0.15

-0.85

-0.75

Foroozan (31º)

-0.15

-0.25

-0.15

-0.15

-0.15

-0.85

-0.75

NWE/S Africa**(BWAVE)

Iranian Light (34º)

-2.90

-3.00

-3.55

-3.40

-2.50

-2.10

NA

Iranian Heavy (31º)

-3.55

-3.75

-4.20

-3.95

-3.25

-2.95

NA

Foroozan (31º)

-3.55

-3.75

-4.20

-3.95

-3.25

-2.95

NA

...