VOL. XLIII

No. 25

19-June-2000

OPEC

Crude Oil Formulas/Posted Prices

OPEC 20-Day Basket Average

Price Avg

Date

($/B)

Daily

15 Jun

29.55

20-Day Avg*

19 May 15 Jun

28.50

Weekly Avg

5 Jun - 9 Jun

28.23

Monthly Avg

May

26.94

Year to Date Avg

25.72

Source: OPEC.

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

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

1999

2000

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Blend (44º)

+0.10

+0.45

+0.30

+0.17

+0.24

+0.44

+0.70

+0.70

+0.85

+0.20

+0.30

Indonesia

...