LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Jan. 22, 1998 Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

Mar. 15.04 14.78 14.99 14.99 15.26

Apr. 15.22 15.00 15.13 __ 15.40

May 15.40 15.26 15.30 15.32 15.60

June 15.60 15.48 15.52 15.54 15.76

July 15.80 15.72 15.74 15.76 15.99

Total sales, 53,891 contracts.

Jan. 23, 1998

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Feb. 139.00 136.75 137.25 137.50 138.00

Mar. 140.25 138.50 139.00 139.25 139.75

Apr. 142.00 140.50 140.75 141.25 141.50

May 144.00 142.50 143.00 143.25 143.75

June 145.75 144.50 145.25 145.25 145.50

July 147.75 146.50 147.00 147.25 147.50

Total sales, 17,898 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).