LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Nov. 4, 1993Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

Dec. 16.35 16.05 16.12 16.13 16.22

Jan. 16.45 16.29 16.36 16.37 16.45

Feb. 16.60 16.48 16.51 16.53 16.67

Mar. 16.73 16.63 __ 16.68 16.80

Total sales, 27,041 contracts.

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Nov. 165.00 163.50 163.75 164.00 164.50

Dec. 165.50 163.00 __ 164.00 164.75

Jan. 164.75 162.75 163.50 163.75 164.50

Feb. 163.75 162.00 162.75 163.00 163.75

Mar. 163.00 161.50 162.00 162.25 162.75

Apr 161.25 160.75 161.00 __ 161.00

Total sales, 13,175 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).