DAILY PETROLEUM PRICES

DAILY PETROLEUM PRICES

Friday March 27, 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 Diesel Die sel

N.Y. barge resel __ - __ 50.85- 54.00 __ - __ 52.35- 55.80

N.Y. barge con. __ - __ 51.35- 54.60 __ - __ 52.85- __

N.Y. tank car resel 57.25- 59.75 50.65- 55.25 52.35- __ 50.45- 57.55

N.Y. tank car con. 55.40- 65.25 51.00- 60.25 __ - __ 51.80- 61.25

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

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

N.Y. barge resel 19.37- 22.35 25.31- __ 18.53- 21.00 18.60- 21.79

N.Y. barge con. 21.05- 22.45 __ - __ 19.82- 21.05 18.65- __

N.Y. tank car resel 19.50- 22.50 __ - __ 18.66- 21.10 16.15- __

N.Y. tank car con. 19.75- 22.60 __ - __ 18.91- 21.15 16.25- 19.20

Other Terminal Points

Reseller Tank Car Prices Unless Otherwise Noted

High Sulfur

Kero sene No. 2 Oil Die sel

Albany 53.00- 55.66 48.80- 52.65 48.80- 50.40

Baltimore 53.50- 53.95 47.85- 51.50 47.85- 49.50

Boston 60.00- __ 48.60- 56.00 48.60- 53.35

Bridgeport 69.00- __ 59.00- __ __ - __

Buffalo 54.10- 56.90 50.75- 50.75 50.75- 50.75

Charleston,SC 53.75- 55.50 53.35- __ __ - __

New Haven 55.45- 69.00 49.30- 59.00 49.50- __

Newark 50.50- 50.60 47.50- 48.00 47.80- __

Norfolk 58.15- __ 46.95- 51.20 47.95- __

Philadelphia 51.00- 55.80 47.35- 53.95 47.95- 55.95

Portland 52.40- 73.00 48.90- 56.00 48.90- __

Providence 73.00- __ 48.90- 56.00 48.90- __

Scranton __ - __ 49.40- __ __ - __

Springfield __ - __ 51.20- __ __ - __

Syracuse 55.95- 57.53 51.35- 52.65 52.65- __

Utica 57.44- __ 51.00- 51.13 51.00- __

Wilmington,NC __ - __ 53.15- __ __ - __

Wilmington,De __ - __ 48.00- __ __ - __

Low Sulfur Addit ive No. 4

Die sel Prem. Diesel 1 %

Albany 50.05- 51.90 52.10- __ __ - __

Baltimore 49.00- 51.70 51.20- __ c18.85- 24.50c

Boston 50.20- 54.35 52.45- 61.00 c26.00- 28.25c

Bridgeport 61.00- __ 62.00- __ c25.00- __

Buffalo 52.35- 52.85 __ - __ c21.57- __

Charleston,SC 52.85- 53.90 53.00- __ c18.20- __

New Haven 50.20- 61.00 51.25- 62.00 c19.45- 30.00c

Newark 48.85- 50.00 49.40- __ __ - __

Norfolk 48.30- 48.50 51.10- __ c18.75- __

Philadelphia 48.35- 56.95 51.25- 51.60 c18.00- 20.50c

Portland __ - __ 61.00- __ __ - __

Providence 50.65- 51.70 54.30- 61.00 c26.00- 28.25c

Scranton 50.52- 51.50 __ - __ __ - __

Springfield __ - __ 54.10- __ __ - __

Syracuse 52.15- 53.68 __ - __ __ - __

Utica 52.44- 53.40 __ - __ __ - __

Wilmington,NC 50.15- __ 52.05- __ c18.20- 18.75c

Wilmington,De 49.50- __ __ - __ __ - __

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

.5 % 0. 3% 0.5 %

Albany resel 19.15 - 20.70 __ - __ __ - __

Albany con c19.25 - 20.85c __ - __ __ - __

Boston __ - __ __ - __ c27.00- 30.00c

Bridgeport __ - __ __ - __ c27.00-__

New Haven __ - __ __ - __ c27.00- __

Newark __ - __ c19.75- __ __ - __

Philadelphia __ - __ c19.00- 22.00c c18.75- 21.00c

Portland __ - __ kc25.00- __ __ - __

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

1.5 % 2.0 % 2.2 %

Albany resel 18.50 - 20.20 17.15 - 18.85 17.00- 18.70

Albany con c18.60 - 20.35c c17.25 - 19.00c c17.10- 18.85c

Baltimore __ - __ c15.65 - 20.75c __ - __

Boston c22.50 - 24.00c c21.00 - 23.25c c20.75- 22.75c

Philadelphia __ - __ c14.50 - 15.65c cg16.00- __

Portland __ - __ c22.00 - __ __ - __

Portsmouth, NH c24.00 - __ __ - __ __ - __

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

1 % 0.5 % Regular

Baltimore c16.30- 22.00c __ - __ __ - __

Boston c23.50- 25.25c c24.50- 26.00c __ - __

Bridgeport c24.90- __ c26.00- __ - __ - __

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

Charleston, SC __ - __ ch15.30- __ __ - __

Jacksonville __ - __ __ - __ __ - __

New Haven c24.90- 26.80c c27.00- __ __ - __

Newark __ - __ __ - __ cg19.65- __

Norfolk __ - __ ch16.70- 17.00ch cf16.50- __

Philadelphia c12.50- 18.25c c14.90- 20.00c c12.20- 16.50c

Providence c23.50- 25.25c __ - __ __ - __

Wilmington NC __ - __ ch15.30- 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.

p) Eff. Mar. 21. r) Eff. Mar. 23.

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 67.00 at New York.

PROPANE - Selkirk, New York - .4068 eff. Mar. 26.

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 50.95- __ 46.25- 47.20 46.25- 47.20 48.25- 49.40

Cleveland 54.55- __ __ - __ __ - __ 51.55- __

Detroit 52.70- 52.70 47.35- 49.30 47.35- 49.30 49.70- 50.60

Indianapolis 51.25- __ 47.30- __ 47.30- __ 48.90- __

Milwaukee __ - __ 46.50- 48.00 46.50- 48.00 48.75- 49.90

St. Louis __ - __ __ - __ __ - __ 49.30- __

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 Westchester Newark (a) Philadelphia

No. 6 (0.3% s) 62.90- 64.20 62.90- __ __ - __ __ - __

No. 4 (0.3% s.) 71.45- 76.90 76.90- __ __ - __ 69.30- __

No. 2 104.90- 125.90 104.90-115.90 94.90-109.90 75.00- 99.90

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

Diesel-Low Sul __ __ __ __ 124.90- __ 96.00-125.90

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

NASSAU - No. 2: 117.90-119.90.

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

BUCKLEY OIL CO.

BUCKLEY OIL CO. reseller tank cars at Bridgeport, Conn.; No. 2. s.5900; Low-Sulfur Diesel s.6100; Kero. No. 1. d.6900; Prem. Diesel with Additive s.6200; No. 4-1.0% S., s24.90 a barrel; No. 4-0.3% S., s24.50 a barrel; No. 6-1% S., s24.80 a barrel. Boston, Ma.; No. 2. s.5900; Low-Sulfur Diesel s.6100; No. 4-0.5% j29.00; No. 4-1.0% S., s25.00 a barrel; No. 6 0.5% d26.00; No. 6-1% S., s24.90 a barrel.

j) Eff. Mar. 3. d) Eff. Mar. 20. s) Eff. Mar. 24.

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 __ d25.00 d26.00 __ d23.50 __ __ __ __ __

Coastal __ s20.95 s20.00 s19.00 s18.00 s17.50 s16.75 s16.00 s15.50 s14.75

Global __ n25.85 n24.85 n24.35 n23.85 n22.00 n20.00 n19.90 n19.80 n19.30

N. East __ t26.00 t25.00 t24.00 t23.00 __ t19.25 t18.00 t17.50 __

Sprague __ __ g25.00 __ g24.00 __ __ __ __ __

s) Eff. Feb. 25. d) Eff. Mar. 3. n) Eff. Mar. 6. g) Eff. Mar. 17. t) Eff. Mar. 18.

Prices are estimated not posted.