LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Oct. 29, 1993Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

Dec. 16.17 15.80 15.80 15.81 16.22

Jan. 16.38 16.03 16.03 16.04 16.44

Feb. 16.53 16.18 16.18 16.20 16.58

Mar. 16.64 16.31 __ 16.31 16.70

Total sales, 46,526 contracts.

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Nov. 164.50 161.25 161.25 161.50 164.25

Dec. 164.50 161.25 __ 161.50 164.25

Jan. 163.75 160.25 __ 160.50 163.75

Feb. 163.00 159.75 __ 160.00 163.00

Mar. 162.25 159.00 159.25 __ 162.25

Apr 161.00 158.25 158.25 158.50 161.25

Total sales, 17,142 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).