VOL. XLIII

No. 18

1-May-2000

OPEC

Oil Prices

OPEC 20-Day Basket Average

Price Avg

Date

($/B)

Daily

26 Apr

22.89

20-Day Avg*

28 Mar-25 Apr

23.02

Weekly Avg

17 Apr-20 Apr

22.74

Monthly Avg

Mar

26.71

Quarterly Avg

1Q

26.11

Year to Date Avg

25.47

1999 Avg

17.47

1998 Avg

12.28

Source: OPEC

The 20-day average is calculated from prices for the last 20 business days.

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

1999

2000

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Suez Blend (33º)

-1.70

-1.90

-1.75

-2.05

-1.75

-1.65

-1.65

-1.85

-1.90

-2.95

-2.75

Ras...