VOL. XLIV

No. 29

16-July-2001

OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2001

Asia* (O/D)

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Iranian Light (34º)

+0.45

+0.45

+0.20

+0.20

+0.20

+0.35

-0.35

0.00

Iranian Heavy (31º)

-0.30

-0.15

-0.25

-0.15

-0.15

-0.15

-0.85

-0.75

Foroozan (31º)

-0.30

-0.15

-0.25

-0.15

-0.15

-0.15

-0.85

-0.75

NWE/S Africa...