VOL. XLII

No. 03

18-January-1999

OPEC

Export Prices For Venezuela

Venezuelas Ministry of Energy and Mines has announced average prices for its oil exports as listed below. The Venezuelan prices are for a basket of crude oil and refined product sales on world markets.

Venezuelan Basket Prices ($/B)

Period

Basket Price

Period

Basket Price

Dec Average*

8.03

1998 Average*

10.63

Nov Average*

9.47

1997 Average

16.32

Oct Average*

11.14

1996 Average

18.39

Sep Average*

...