Table 13. World Crude Oil Prices1,,,,,,,,,,, (Dollars per Barrel),,,,,,,,,,, Country,,,,,,,,,,, Type of Crude/,,,,In Effect:,,,,,,, API Gravity2,,,,22-Oct,15-Oct,2-Jan,3-Jan,4-Jan,5-Jan,7-Jan,6-Jan ,,,,2004,2004,2004,2003,2002,2001,2000,1978 --------------------------------------------------------------------------------,,,,,,,,,,, OPEC,,,,,,,,,,, Saudi Arabia,,,,,,,,,,, Arabian Light 34°,,,,44.55,44.37,27.08,27.39,18.90,20.90,23.45,12.70 Arabian Medium 31°,,,,42.05,41.87,26.13,26.44,18.55,20.30,22.85,12.32 Arabian Heavy 27°,,,,40.10,39.92,25.38,25.69,18.15,19.40,22.10,12.02 Abu Dhabi,,,,,,,,,,, Murban 39°,,,,41.84,42.02,29.87,28.37,19.87,22.60,23.94,13.26 Dubai,,,,,,,,,,, Fateh 32°,,,,37.54,37.72,27.93,27.28,18.63,21.25,22.20,12.64 Qatar,,,,,,,,,,, Dukhan 40°,,,,43.18,43.10,28.59,28.03,19.40,22.05,23.61,13.19 Iran,,,,,,,,,,, Iranian Light 34°,,,,43.50,43.84,28.67,27.85,18.90,21.15,23.55,13.45 Iranian Heavy 30°,,,,40.95,41.47,27.52,27.08,18.56,20.40,23.05,12.49 Iraq3,,,,,,,,,,, Kirkuk 36°,,,,40.46,40.58,26.67,27.93,19.08,23.67,21.75,13.17 Kuwait,,,,,,,,,,, Kuwait 31°,,,,36.79,36.79,27.89,27.30,18.25,20.20,22.90,12.22 Neutral Zone,,,,,,,,,,, Khafji 28°,,,,44.37,44.37,27.08,27.39,18.90,20.90,23.45,12.03 Algeria,,,,,,,,,,, Saharan Blend 44°,,,,50.76,51.30,29.92,31.69,19.67,24.05,24.28,14.10 Nigeria,,,,,,,,,,, Bonny Light 37°,,,,50.14,50.35,29.97,31.16,19.88,23.35,23.85,15.12 Forcados 31°,,,,50.12,50.32,29.70,31.13,19.81,23.35,23.85,13.70 Libya,,,,,,,,,,, Es Sider 37°,,,,45.79,45.48,29.47,30.40,19.63,23.75,23.25,13.68 Indonesia,,,,,,,,,,, Minas 34°,,,,52.31,51.27,32.10,35.03,18.89,23.05,23.25,13.55 Venezuela,,,,,,,,,,, Tia Juana Light 31°,,,,48.35,47.75,30.10,30.25,17.78,23.57,23.42,13.54 Bachaquero 24°,,,,NA,NA,NA,NA,NA,NA,NA,12.39 Bachaquero 17°,,,,NA,NA,NA,NA,NA,NA,NA,11.38 Gabon6,,,,,,,,,,, Mandji 30°,,,,NA,NA,NA,NA,NA,NA,NA,12.59 ,,,,,,,,,,, Total OPEC4,,,,44.08,44.03,28.22,28.47,18.94,21.87,23.19,13.03 ,,,,,,,,,,, Non-OPEC,,,,,,,,,,, United Kingdom,,,,,,,,,,, Brent Blend 38°,,,,49.91,50.44,29.73,31.36,21.20,24.52,23.26,NA Norway,,,,,,,,,,, Ekofisk Blend 42°,,,,49.89,50.66,29.61,31.06,19.62,23.35,23.95,14.20 Canada,,,,,,,,,,, Canadian Par 40°,,,,53.25,51.79,30.49,31.78,19.80,26.98,23.89,NA Lloyd Blend 22°,,,,37.74,37.24,22.87,24.51,11.55,18.22,19.71,NA Mexico,,,,,,,,,,, Isthmus 33°,,,,48.24,47.64,29.99,30.14,17.72,23.46,23.32,13.10 Maya 22°,,,,40.02,39.38,24.37,26.29,14.30,17.21,19.84,NA Colombia,,,,,,,,,,, Cano Limon 30°,,,,43.05,43.65,29.49,29.07,17.71,24.11,23.98,NA Ecuador,,,,,,,,,,, Oriente 30°,,,,36.40,37.10,26.49,27.32,15.15,20.78,28.20,12.35 Angola,,,,,,,,,,, Cabinda 32°,,,,47.30,47.53,29.31,30.60,18.43,23.20,23.15,NA Cameroon,,,,,,,,,,, Kole 34°,,,,47.39,48.20,29.12,30.92,18.05,23.20,23.15,NA Egypt5,,,,,,,,,,, Suez Blend 33°,,,,39.84,39.85,25.67,28.63,17.78,20.15,21.80,12.81 Gabon6,,,,,,,,,,, Mandji 30°,,,,NA,NA,NA,NA,NA,NA,22.55,NA Oman,,,,,,,,,,, Oman Blend 34°,,,,40.03,39.86,28.45,27.71,18.76,21.05,23.20,13.06 Australia,,,,,,,,,,, Gippsland 42°,,,,52.82,52.61,31.64,32.22,20.14,25.25,23.85,NA Malaysia,,,,,,,,,,, Tapis Blend 44°,,,,53.35,53.55,31.90,32.54,20.31,28.15,25.43,14.30 Brunei7,,,,,,,,,,, Seria Light 37°,,,,NA,NA,NA,NA,NA,NA,NA,14.15 Russia8,,,,,,,,,,, Urals 32°,,,,41.90,42.56,27.42,30.31,20.85,23.52,23.36,13.20 China,,,,,,,,,,, Daqing 33°,,,,52.00,49.54,31.85,34.38,18.81,22.85,23.20,13.73 ,,,,,,,,,,, Total Non-OPEC4,,,,44.41,44.51,27.84,29.55,18.45,22.54,23.13,13.44 ,,,,,,,,,,, Total World4,,,,44.27,44.31,28.00,29.03,18.68,22.10,23.17,13.08 ,,,,,,,,,,, United States9,,,,44.44,44.22,27.63,28.52,17.06,21.77,22.68,13.38 -------------------------------------------------------------------------------------------,,,,,,,,,,, " 1 Estimated contract prices based on government-selling prices, netback ",,,,,,,,,,, "values, or spotmarket quotations. All prices are f.o.b. at the foreign port ",,,,,,,,,,, of lading except where noted; 30 day payment plan except where noted. See ,,,,,,,,,,, Appendix A for procedure used for calculation of world oil prices.,,,,,,,,,,, 2 An arbitrary scale expressing the gravity or density of liquid petroleum ,,,,,,,,,,, products.,,,,,,,,,,, 3 Netback price at U.S. Gulf.,,,,,,,,,,, 4 Average prices (f.o.b.) weighted by estimated export volume.,,,,,,,,,,, 5 On 60 days credit.,,,,,,,,,,, " 6 Effective July 19, 1996, the Total Non-OPEC price reflects the decision ",,,,,,,,,,, by Gabon to leave the organization. Total OPEC prices from that date forward ,,,,,,,,,,, have been adjusted accordingly.,,,,,,,,,,, 7 Brunei contract prices no longer available for use in weekly ,,,,,,,,,,, calculations.,,,,,,,,,,, 8 Price (f.o.b.) to Mediterranean destinations; also called Urals.,,,,,,,,,,, 9 Average prices (f.o.b.) weighted by estimated import volume.,,,,,,,,,,, Note: The Canadian crude prices have been changed to U.S. dollars.,,,,,,,,,,, NA=Not Applicable.,,,,,,,,,,, R=Revised data.,,,,,,,,,,, Sources: (the complete url below appears on two lines),,,,,,,,,,, http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/weekly_petroleum_,,,,,,,,,,, status_report/current/pdf/sources.pdf,,,,,,,,,,,