VOL. XLII

No 50

13-December-1999

VENEZUELA

Export Prices For Venezuela

Venezuelaç—´ Ministry of Energy and Mines has announced averageprices for its oil exports as listed below. The Venezuelan prices are for abasket 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

Nov Average*

22.56

1999 Average*

15.76

Nov Average

9.47

Oct Average*

...