VOL. XLII

No. 32

9-August-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

Jul Average*

16.81

1999 Average*

12.58

Nov Average

9.47

Jun Average*...