LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Jan. 27, 1992Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

Mar. 18.40 18.23 18.38 18.39 18.22

Apr. 18.23 18.05 18.22 18.24 18.02

May 18.14 17.95 18.11 18.14 17.90

June 18.04 17.95 18.03 __ 17.86

Total sales, 15,620 contracts.

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Feb. 179.25 175.50 176.50 176.75 176.00

Mar. 174.75 172.00 172.75 __ 172.25

Apr. 171.00 168.25 169.00 __ 168.00

May 168.50 166.25 167.00 __ 165.25

June 168.50 166.25 166.00 166.50 165.00

July 168.75 167.50 167.50 167.75 166.25

Total sales, 11,626 contracts.

Gas oil is distillate fuel oil. To find the equivalent price per barrel, divide the dollars-per-metric-ton price by 7.59 (there are 7.59 barrels per ton). To find the cents-per-gallon price, divide the per- barrel figure by 42 (there are 42 gallons in a barrel).