LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Dec. 10, 1993Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

Jan. 14.13 13.70 14.01 14.03 13.65

Feb. 14.30 13.88 14.23 14.24 13.83

Mar. 14.50 14.14 14.49 14.50 14.10

Apr. 14.68 14.42 __ 14.75 14.34

Total sales, 38,138 contracts.

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Dec. 159.75 144.25 __ __ 143.00

Jan. 146.25 144.50 146.00 146.25 143.00

Feb. 146.75 145.50 146.00 146.25 143.50

Mar. 146.50 145.00 146.00 146.25 144.00

Apr. 146.75 146.00 146.00 146.25 144.25

May 146.75 146.00 146.00 146.25 144.00

Total sales, 15,703 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).