LONDON OIL FUTURES

LONDON OIL FUTURES

International Petroleum Exchange

March 24, 1998 Brent Crude Oil - (Dollars Per Barrel)

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High Low Bid Asked Bid

May 14.88 14.45 14.52 14.53 15.04

June 15.14 14.78 14.81 14.83 15.30

July 15.37 15.02 15.04 15.08 15.62

Aug. 15.61 15.22 15.23 15.25 15.69

Sep. 15.78 15.40 15.45 15.50 15.81

Total sales, 46,809 contracts.

March 24, 1998

London Gas Oil - (Dollars Per Metric Ton)

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High Low Bid Asked Bid

Apr. 137.25 134.50 135.50 135.75 139.00

May 139.00 136.75 137.50 137.75 141.00

June 141.00 139.25 139.50 139.75 143.00

July 143.25 141.75 142.50 142.75 145.75

Aug. 146.00 144.50 144.75 145.50 148.00

Sept. 148.50 147.00 147.50 148.25 151.00

Total sales, 31,498 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).