VOL. XLII

No. 29

19-July-1999

OPEC

Export Prices For Venezuela

Venezuelaç—´ Ministry of Energy and Mines has announcedaverage prices for its oil exports as listed below. The Venezuelan prices arefor a basket of crude oil and refined product sales on world markets.

Venezuelan Basket Prices

($/B)

1998 1999

Period

Basket Price

Period

Basket Price

Period

Basket Price

Dec Average

8.03

Jun Average*

14.20

1999 Average*

12.02

Nov Average

9.47

May Average*

...