VOL. XLII

No 45

8-November-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

Oct Average*

20.00

1999 Average*

14.89

Nov Average

9.47

Sep Average*...