VOL. XLI

No. 37

14-September-1998

OPEC

Export Prices For Venezuela

Venezuela's Ministry of Energy and Mines has announced average prices for its oilexports as listed below. The Venezuelan prices are for a basket of crude oil and refinedproduct sales on world markets ($/B):

Period

Basket Price

Period

Basket Price

Period

Basket Price

Sep 1-4*

10.21

Sep Average*

10.21

1998 Average*

11.07

Aug 24-28*

9.96

Aug Average*

10.17

1997 Average

16.32

Aug 17-21*

9.83

...