SPOT PRODUCT PRICES

SPOT PRODUCT PRICES

March 31, 1998

U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.b., ex. barge. Prices for Crude Oil and No. 6 Fuel Oil given in dollars per barrel. These prices are midday quotes compared with the previous day's close of business. Compiled by Knight-Ridder Financial.

NY HARBOR PREVIOUS

No. 2 Heating Oil 43.75-44.00 44.30-44.45

Low-Sul. Diesel 45.00-45.20 45.50-45.75

Jet Fuel 45.00-45.30 46.20-46.35

Low-Sul. Kerosene 45.50-45.75 46.20-46.45

Unl. Gas (87 oct.) 48.30-48.45 48.65-48.90

Unl.Gas (RFG) 50.70-50.80 51.50-51.75

Prem. Unl. (93 oct.) 52.20-52.45 52.95-53.15

Prem. Unl. (93 RFG) 53.90-54.15 54.50-54.75

No. 6 Oil (0.3/LP) barge

(Dollars per barrel) 15.75-16.00 15.75-16.00

U.S. GULF COAST

No. 2 Heating Oil 41.20-41.30 42.00-42.15

Low-Sul.Diesel 42.15-42.30 42.70-42.95

Jet Fuel 42.25-42.50 42.45-42.70

Low-Sul. Kerosene 42.50-42.75 42.95-43.05

Unl Gas (87) 45.80-46.05 47.10-47.35

Unl Gas(RFG) 49.55-49.80 49.35-49.60

Prem. Unl. (93) 49.55-49.80 49.60-49.85

Domestic crude oil, dollars per barrel:

(May delivery)

W. Texas

Intermediate 15.75-15.77 16.12-16.14

Light Louisiana

Sweet 15.15-15.17 14.82-14.84