LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

Feb. 27, 1998 Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

Apr. 14.38 13.94 14.17 14.18 14.03

May 14.70 14.31 14.47 14.48 14.34

June 14.93 14.68 14.85 14.87 14.71

July 15.23 15.00 15.05 15.10 15.04

Aug. 15.50 15.33 15.47 __ 15.32

Total sales, 52,017 contracts.

Feb. 27, 1998

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Mar. 136.25 131.00 132.00 132.25 132.75

Apr. 138.00 134.00 134.00 134.25 135.00

May 140.25 137.75 136.50 136.75 137.75

June 143.00 138.00 __ 139.00 140.75

July 145.50 144.50 142.75 143.25 143.50

Aug. 148.00 146.50 145.25 145.75 146.00

Total sales, 14,252 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).