VOL. XLIV

No. 27

2-July-2001

OIL PRICES

Crude Oil Formulas/Posted Prices

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

2001

Saharan

Jul

Jun

May

Apr

Mar

Feb

Jan

Blend (44º)

Parity - +0.10*

+0.40

+0.55

+0.25

+0.40

+0.80

+0.40

* Prices will start at parity with Dated Brent at the beginning of the month and

rise to +0.10 Dated Brent by the end of the month.

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

2001

Jul

Jun

May

Apr

Mar

Feb

Jan

Suez Blend (33º)

-2.50

-2.50

-2.50

-3.00

-3.65

-2.80

-3.25

Ras al-Bihar (33º)

-2.35

-2.35

-2.35

-2.85...