|
11 June 2012
|
Volume 55, Issue 24 - ENERGY FUNDAMENTALS |
| |
|
Crude Oil Formulas/Posted Prices ($/B)
Abu Dhabi
($/B)
|
|
2012
|
2011
|
|
|
May
|
Apr
|
Mar
|
Feb
|
Jan
|
Dec
|
Nov
|
Oct
|
Sep
|
Aug
|
Jul
|
Jun
|
May
|
Murban (39°)
|
110.60
|
121.20
|
127.00
|
120.45
|
114.20
|
111.80
|
114.35
|
108.95
|
110.90
|
109.05
|
113.95
|
112.15
|
113.60
|
Lower Zakum (40°)
|
110.20
|
120.80
|
126.60
|
120.05
|
113.85
|
111.45
|
114.00
|
108.65
|
110.60
|
108.75
|
113.65
|
111.95
|
113.60
|
Umm Shaif (37°)
|
109.80
|
120.40
|
126.20
|
119.65
|
113.40
|
111.05
|
113.60
|
108.25
|
110.15
|
108.25
|
113.15
|
111.55
|
113.10
|
Upper Zakum (34°)
|
108.30
|
118.65
|
124.45
|
117.80
|
111.60
|
108.85
|
111.40
|
105.65
|
107.25
|
105.05
|
109.95
|
107.95
|
109.05
|
Libya
(Dated Brent + / - Adjustment Factor; $/B)
|
|
2012
|
2011
|
2010
|
|
|
Jul
|
Jun
|
May
|
Apr
|
Mar
|
Feb
|
Jan
|
Feb
|
Jan
|
Dec
|
Nov
|
Oct
|
Sep
|
Zueitina (41°)
|
+1.30
|
+1.30
|
+1.20
|
+1.20
|
+1.00
|
+0.80
|
+0.80
|
+0.40
|
+0.40
|
+0.25
|
+0.25
|
+0.25
|
+0.15
|
Brega (40°)
|
+0.10
|
+0.30
|
+0.30
|
+0.40
|
+0.40
|
+0.30
|
+0.60
|
+0.40
|
+0.40
|
+0.25
|
+0.25
|
+0.25
|
+0.15
|
Sirtica (41°)
|
-0.80
|
-0.80
|
-0.80
|
-0.70
|
+0.60
|
-0.50
|
-0.20
|
-0.25
|
-0.25
|
-0.35
|
-0.35
|
-0.35
|
-0.60
|
Es Sider (37°)
|
+0.30
|
+0.85
|
+1.00
|
+1.00
|
+0.70
|
+0.70
|
+0.70
|
-0.25
|
-0.25
|
-0.40
|
-0.40
|
-0.15
|
-0.65
|
Bu Attifel (36°)
|
+2.20
|
+2.20
|
+2.00
|
+1.90
|
+1.50
|
+1.40
|
+1.40
|
+1.30
|
+1.30
|
+1.20
|
+1.20
|
+1.20
|
+1.10
|
Sarir (36°)
|
-0.20
|
0.00
|
0.00
|
0.00
|
-0.20
|
-0.40
|
-0.20
|
-0.15
|
-0.15
|
-0.20
|
-0.20
|
-0.20
|
-0.25
|
Amna (36°)
|
+1.00
|
+1.00
|
+0.90
|
+0.90
|
+0.90
|
+0.90
|
+1.00
|
+0.25
|
+0.25
|
+0.15
|
+0.15
|
+0.15
|
+0.05
|
Esharara (43°)
|
+0.85
|
+1.15
|
+1.30
|
+1.30
|
+1.10
|
+1.20
|
+1.30
|
-1.15
|
+1.15
|
+0.95
|
+0.95
|
+1.10
|
+0.90
|
Mellitah (41.6°)
|
+0.20
|
+0.50
|
+0.75
|
+0.90
|
+0.90
|
+0.90
|
+1.20
|
-0.80
|
+0.80
|
+0.65
|
+0.75
|
+0.95
|
+0.85
|
Bouri (26°)*
|
-0.10
|
-0.10
|
-0.20
|
-0.20
|
-0.20
|
-0.20
|
+0.25
|
-0.40
|
-0.30
|
-0.40
|
-0.45
|
-0.45
|
-0.65
|
Al Jurf (30°)*
|
+0.40
|
+0.40
|
+0.30
|
+0.30
|
+0.40
|
+0.20
|
+0.40
|
+0.30
|
+0.40
|
+0.40
|
+0.40
|
+0.40
|
+0.20
|
* Adjustment factor is the Urals Average.
Note
: No prices available for Libyan crudes from March-December 2011.
Nigeria
(Dated Brent + / - Adjustment Factor; $/B)
|
|
2012
|
2011
|
|
|
Jun
|
May
|
Apr
|
Mar
|
Feb
|
Jan
|
Dec
|
Nov
|
Oct
|
Sep
|
Aug
|
Jul
|
Jun
|
Bonny Light (37°)
|
+2.00
|
+2.60
|
+2.65
|
+2.65
|
+2.80
|
+2.50
|
+2.85
|
+3.55
|
+3.65
|
+2.50
|
+1.95
|
+2.80
|
+3.20
|
Brass Blend (36°)
|
+2.00
|
+2.60
|
+2.65
|
+2.65
|
+2.80
|
+2.50
|
+2.85
|
+3.55
|
+3.65
|
+2.50
|
+1.95
|
+2.80
|
+3.20
|
Qua Iboe (37°)
|
+2.00
|
+2.60
|
+2.65
|
+2.65
|
+2.80
|
+2.50
|
+2.85
|
+3.55
|
+3.65
|
+2.50
|
+1.95
|
+2.80
|
+3.20
|
Pennington (36°)
|
+3.60
|
+4.05
|
+4.15
|
+4.20
|
+4.40
|
+4.10
|
+4.20
|
+4.95
|
+5.00
|
+3.35
|
+2.80
|
+3.55
|
+4.05
|
Escravos (36°)
|
+2.00
|
+2.30
|
+2.40
|
+2.40
|
+2.50
|
+2.25
|
+2.50
|
+3.00
|
+3.00
|
+2.05
|
+1.70
|
+2.35
|
+2.90
|
Forcados (31°)
|
-
|
+3.95
|
+4.00
|
+3.90
|
+3.80
|
+3.40
|
+3.95
|
+4.65
|
+4.65
|
+3.20
|
+2.50
|
+3.35
|
+3.90
|
© Copyright MEES 2012.
|
| |
| © Middle East Economic Survey (MEES) 2013. |
| |
