Adamant: Hardest metal
Saturday, March 29, 2003

OPEC daily basket price up to 26.66 dollars

IRNA Vienna, March 28, IRNA -- The price of the OPEC Basket of seven
crudes stood at 26.66 dollars a barrel on Thursday, compared with
25.54 dollars the previous day, according to OPEC Secretariat
calculations here, Friday.
Fri 14 February 32.33
Mon 17 February 31.90
Tue 18 February 31.85
Wed 19 February 31.95
Thu 20 February 31.48
Fri 21 February 31.84
Mon 24 February 32.44
Tue 25 February 32.73
Wed 26 February 32.49
Thu 27 February 32.48
Fri 28 February 32.63
Mon 03 March 31.63
Tue 04 March 32.12
Wed 05 March 32.29
Thu 06 March 32.50
Fri 07 March 33.79
Mon 10 March 33.11
Tue 11 March 32.54
Wed 12 March 32.74
Thu 13 March 32.42
ri 14 March 30.98
Mon 17 March 29.80
Tue 18 March 27.69
Wed 19 March 27.12
Thu 20 March 26.51
Fri 21 March 24.81
Mon 24 March 25.70
Tue 25 March 26.84
Wed 26 March 25.54
For the first quarter of 2002, the basket price averaged Dlrs
19.83 a barrel as opposed to Dlrs 18.38 in the 4th quarter of 2001.
For 2001 as a whole, the price of the basket averaged Dlrs
23.12 a barrel, compared with Dlrs 27.60 in 2000, Dlrs 17.47 in 1999
and Dlrs 12.28 in 1998.
The OPEC basket comprises Algeria's Saharan Blend, Indonesia's
Minas, Nigeria's Bonny Light, Saudi Arabian Light, Dubai of the United Arab Emirates, Venezuela's Tia Juana and Mexico's Istmus Crude.
MN/AR

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