LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Mar. 18, 1992Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

May 17.90 17.76 17.76 17.78 17.86

June 17.96 17.83 __ 17.86 17.95

July 17.90 17.82 17.80 17.83 17.91

Aug. 17.88 17.80 17.74 17.80 17.95

Total sales, 9,949 contracts.

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Apr. 162.00 160.25 160.75 161.00 161.50

May 163.75 162.25 162.75 163.00 163.75

June 165.50 163.25 163.50 164.00 165.75

July 166.75 165.25 __ 165.25 167.50

Aug. 169.00 166.75 __ 167.00 169.50

Sept. 170.25 169.50 169.00 169.50 171.00

Total sales, 6,294 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).