DAILY PETROLEUM PRICES

DAILY PETROLEUM PRICES

Wednesday Jan. 21, 1998

Prevailing sellers' posted prices at the close of business, representing the lowest and highest prices quoted except for individual distress sales. Unless indicated otherwise, prices are for tank car, f.o.b. refiners and tanker terminals, ex taxes. Kerosene No. 2 fuel oil and diesel prices are given in cents per gallon; prices for Nos. 4 and 6 Fuel oil given in dollars per barrel. Ship bunkers given in dollars per metric ton.

FUEL OIL_EAST

High Sulfur Low Sulfur

Kerosene No. 2 Oil Die sel Die sel

N.Y. barge resel __ - __ 53.00- 57.05 __ - __ 58.35- 58.65

N.Y. barge con. __ - __ 57.35- 57.65 __ - __ 58.85- __

N.Y. tank car resel 57.40- 63.85 50.55- 59.35 52.40- __ 50.70- 60.85

N.Y. tank car con. 57.75- 65.40 51.70- 61.25 __ - __ 51.50- 62.00

No. 4 Oil No. 4 Oil No. 6 Oil No. 6 Oil

0 .3% 1 % 0. 3% 1 %

N.Y. barge resel 20.87- 23.50p 26.56- __ 20.35- 23.05* 21.10- 23.05

N.Y. barge con. 23.25- 23.30 __ - __ 22.62- 23.10 21.15- __

N.Y. tank car resel 21.00- 23.80 __ - __ 20.48- 23.40 19.25- __

N.Y. tank car con. 21.25- 24.05 __ - __ 20.73- 23.45 19.35- 21.70

OTHER TERMINAL POINTS

Reseller Tank Car Prices Unless Otherwise Noted

High Sulfur

Kero sene No. 2 Oil Die sel

Albany 55.00- 60.00 48.75- 52.55 r49.10- 50.30

Baltimore 52.70- 57.10 46.95- 51.05 46.95- 47.70r

Boston 61.50- __ r49.00- 61.00 r49.00- 55.35

Bridgeport j78.00- __ j69.00- __ __ - __

Buffalo 58.10- 63.00 r51.00- 51.00r r51.00- 51.00r

Charleston,SC 53.20- 57.95 52.40- __ __ - __

New Haven 58.90- 78.00j 48.55- 69.00j 49.90- __

Newark r51.90- 54.00 r47.80- 47.95 r47.80- __

Norfolk 58.85- __ 47.05- 50.95 47.05- __

Philadelphia 52.50- 58.75 47.10- 58.50 48.20- 60.50

Portland 54.50- 83.00 48.85- 61.00 r48.90- __

Providence 83.00- __ 49.05- 61.00 50.00- __

Scranton __ - __ 50.07- __ __ - __

Springfield __ - __ 51.25- __ __ - __

Syracuse 56.90- 58.20 51.33- 51.85r r51.85- __

Utica 58.21- __ r51.10- 51.75 r51.10- __

Wilmington,NC __ - __ 51.75- __ __ - __

Wilmington,De __ - __ 48.20- __ __ - __

Low Sulfur Addit ive No. 4

Die sel Prem. Diesel 1 %

Albany 50.05- 52.45 52.50- __ __ - __

Baltimore 48.55- 49.10 r51.30- __ c21.45- 24.50c

Boston 50.10- 56.50 52.35- 66.00 c29.00- 29.50c

Bridgeport j71.00- __ j72.00- __ jc25.00- __

Buffalo 52.60- 53.35 __ - __ c21.63- __

Charleston,SC 48.65- 49.50 r52.40- __ c20.80- __

New Haven 48.95- 71.00j 51.10- 76.45 c22.05- 31.00c

Newark 49.10- 49.40 50.05- __ __ - __

Norfolk 48.55- 48.55r 51.15- __ c22.75- __

Philadelphia 48.35- 61.50 52.20- 57.75 c20.75- 23.50c

Portland __ - __ 66.00- __ __ - __

Providence 50.30- __ 56.40- 66.00 c29.00- 29.50c

Scranton 50.90- 51.38 __ - __ __ - __

Springfield __ - __ 54.05- __ __ - __

Syracuse 51.25- 53.29 __ - __ __ - __

Utica 52.60- 53.21 __ - __ __ - __

Wilmington,NC 50.50- __ r52.20- __ c20.80- 22.75c

Wilmington,De 49.90- __ __ - __ __ - __

No. 4 Oil No. 4 Oil No. 4 Oil

1.5 % 0. 3% 0.5 %

Albany resel 21.75 - 23.20 __ - __ __ - __

Albany con c21.85 - 23.35c __ - __ __ - __

Boston __ - __ __ - __ c30.00- 31.00c

Bridgeport __ - __ __ - __ jc31.00- __

New Haven __ - __ __ - __ jc31.00- __

Newark __ - __ c22.00- __ __ - __

Philadelphia __ - __ c21.25- 24.80c c21.00- 24.00c

Portland __ - __ kc28.00- __ __ - __

No. 6 Oil No. 6 Oil No. 6 Oil

1.5 % 2.0 % 2.2 %

Albany resel 21.25 - 22.70 19.90 - 21.35 19.75- 22.20

Albany con c21.35 - 22.85c c20.00 - 21.50c c19.85- 22.35c

Baltimore __ - __ c18.40 - 20.75c __ - __

Boston c25.00 - 25.50c c24.00 - 24.25c c23.75- 23.75c

Philadelphia __ - __ c18.40 - 21.00c cg16.95- __

Portland __ - __ c25.00 - __ __ - __

Portsmouth, NH c25.00 - __ __ - __ __ - __

No. 6 Oil No. 6 Oil No. 6 Oil

1 % 0.5 % Reg ular

Baltimore c19.40- 22.00c __ - __ __ - __

Boston c26.00- 26.50c c27.00- 27.50c __ - __

Bridgeport jc24.70- __ jc27.25- __ - __ - __

Buffalo bc23.52- __ __ - __ ec21.00- __

Charleston, SC __ - __ ch18.05- __ __ - __

Jacksonville __ - __ __ - __ __ - __

New Haven jc24.70- 27.80c jc27.25- __ __ - __

Newark __ - __ __ - __ cg22.15- __

Norfolk __ - __ ch19.45- 20.00ch cf19.50- __

Philadelphia c15.50- 22.50c c16.75- 23.50c c13.50- 20.75c

Providence c26.00- 26.50c __ - __ __ - __

Wilmington NC __ - __ ch18.00- 21.25ch __ - __

Diesel fuel prices are for Grade No. 2 diesel fuel with storage delivery and pricing schedule separate from No. 2 heating oil.

) Note: State Gross Receipt tax not included in New Jersey or Connecticut.

*) Corrected price. p) Eff. Jan. 16. r) Eff. Jan. 17. j) Eff. Jan. 19.

KEY: c) Consumer price. h) 2.1% sulfur max. k) 2.0% sulfur max. y) 1.7% sulfur max. e) 1.5% sulfur max. b) 1.1% sulfur max. g) 0.3% sulfur max. f) 2.4% sulfur max.

BUNKER ''C'' SHIPS FUEL is 93.50 at New York.

PROPANE - Selkirk, New York - .4568 eff. Dec. 24.

FUEL OIL_MIDWEST

Prevailing sellers' posted prices at the close of business, representing the lowest and highest prices quoted except for individual distress sales. Unless indicated otherwise prices are quoted reseller basis at the rack f.o.b. refiners and tanker terminals, ex taxes. Consumer prices are for truck transport quantities. All prices are given in cents per gallon.

Reseller Rack Prices Unless Otherwise Noted

High-Sul. Low-Sul.

Kerosene No. 2 Oil Diesel Diesel

Chicago 46.85- __ 42.90- 42.90 42.90- 42.90 43.05- 43.40

Cleveland 49.70- __ 45.70- __ 45.70- __ 45.70- __

Detroit 48.60- 49.15 43.70- 44.80 43.70- 44.80 44.20- 44.50

Indianapolis 49.90- __ 43.65- __ 43.65- __ 44.10- __

Milwaukee 48.25- __ 43.50- 43.75 43.50- 43.75 43.60- 43.80

St. Louis __ - __ __ - __ __ - __ 44.00- __

No. 4 Oil No. 5 Oil No. 6 Oil

1 % 1 % 1 %

Chicago c55.00- __ c55.00- __ c44.00- __

St. Louis c55.00- __ c50.00- __ c42.00- __

Key: c) Consumer price.

POSTED TANK WAGON DELIVERY_FUEL OIL

Cents Per Gallon

N.Y. City Westc hester New ark (a) Philad elphia

No. 6 (0.3% s) 76.25- 77.90 77.90- __ __ - __ __ - __

No. 4 (0.3% s.) 83.00- 88.90 88.90- __ __ - __ 69.30- __

No. 2 114.90- 129.90 114.90- 119.90 99.90- 112.00 78.00- 99.90

Diesel-High Sul __ __ __ __ __ - __ 89.00- 124.90

Diesel-Low Sul __ __ __ __ 129.90- __ 96.00- 125.90

Kerosene 275.00- __ __ __ 100.00- __ __ - __

NASSAU - No. 2: 124.90-125.90.

(a) Greater Newark Metropolitan area, including Northern New Jersey.

BUCKLEY OIL CO.

BUCKLEY OIL CO. reseller tank cars at Bridgeport, Conn.; No. 2. s.6900; Low-Sulfur Diesel s.7100; Kero. No. 1. s.7800; Prem. Diesel with Additive s.7200; No. 4-1.0% S., s24.90 a barrel; No. 4-0.3% S., s28.50 a barrel; No. 6-1% S., s24.50 a barrel. Boston, Ma.; No. 2. s.6500; Low-Sulfur Diesel s.7100; No. 4-0.5% s31.00; No. 4-1.0% S., s26.00 a barrel; No. 6 0.5% s28.00; No. 6-1% S., s25.00 a barrel.

s) Eff. Jan. 19.

PETROLEOS de VENEZUELA

Petroleos de Venezuela's posted cargo prices, f.o.b. Venezuela. Light product prices are given in cents per gallon, residual fuels and crude oils are in dollars per barrel.

Residual Fuel Oil, No. 6 Oil Light Products

0.3% sulfur __ Leaded Gasoline __

0.5% sulfur __ Unl. Gasoline-Prem. __

1.0% sulfur __ Unl. Gasoline-Reg. __

1.5% sulfur __ Unl. Gas.-Reformulated __

2.0% sulfur __ Naphtha, whole __

2.1% sulfur __ Kerosene, general purpose __

2.2% sulfur __ Jet fuel JPIA __

2.4% sulfur __ No. 2 oil 0.2% S 29-39 SSU* __

2.5% sulfur __ No. 2 oil 0.5% S.29-39 SSU* __

2.8% sulfur __ No. 2 oil 1.0% S.29-39 SSU* __

3.0% sulfur __ No. 2 oil .05% S.29-39 SSU* __

Crude Oil

Tia-Juana light crude, 31-degree API __

BCF, 17-degree API __

Bachaquero, 13-degree API __

*Saybolt Seconds Universal.

) Prices Unavailable.

N.Y. HARBOR CARGO PRICES_FUEL OIL

Contract cargo prices established by major suppliers

No.2 ______________ No. 6 ______________

oil 0.3% 0.5% 0.7% 1.0% 1.5% 2.0% 2.2% 2.5% 2.8%

Buckley __ a26.90 a26.50 __ a25.00 __ __ __ __ __

Coastal __ y21.95 y21.00 y20.75 y20.00 y19.00 y17.75 y17.25 y16.75 y16.00

Global __ g26.85 g25.85 g25.35 g24.85 g21.35 g21.00 g20.90 g20.80 g20.30

N. East __ j28.00 j27.00 j26.00 j25.00 __ j21.25 j20.00 j19.50 __

Sprague __ __ p27.00 __ p26.00 __ __ __ __ __

j) Eff. Oct. 7. p) Eff. Oct. 27. g) Eff. Dec. 24. a) Eff. Jan. 8. y) Eff. Jan. 9.

Prices are estimated not posted.