VOL. XXXVIII

NO. 45

7-AUGUST-1995

Oil Prices

Correction

Iran's August crude oil prices were erroneously placed under a July listingin the table published last week. A corrected version of the table follows:

Iranian Crude Oil Prices (cents/B):

 ___1994___ _____________________1995_____________________ 4Q Dec 1Q Mar 2Q May Jun 3Q AugIranian Heavy (base Dubai) -18 -8 -3 +22 +29 +29 +29 +29 +19Iranian Light (base Oman) -17 -17 -12 -12 -12 -22 -12 -12 -12