Last Derivatives Update: 

TIME

         U.S. GULF COAST

       NEW YORK HARBOR

     CRUDE

PERIOD

3.0%

1.0%

        2.2%

1.0%

WTI ACCESS

NOV

9.90

10.10

11.25 12.00

11.00

11.25

12.20

12.30

13.30 13.20

DEC

10.00

10.20

11.75

12.25

11.50

11.80

12.70

12.80

14.13

14.13

JAN

10.15

10.35

11.80

12.20

11.75

12.05

12.95

13.05

14.30

14.30

FEB

10.20

10.40

11.50

12.00

11.65

11.95

12.85

13.05

14.45

14.45

MARCH

10.25

10.45

11.75

12.25

11.40

11.85

12.65

12.85

14.60

14.60

Q2 99

10.50

10.70

12.00

12.45

11.50

11.80

12.65

12.80

14.60 14.88

Q3 99

10.75

11.00

12.40

12.80

11.85

12.35

13.10

13.35

14.93 15.36

Q4 99

10.90

11.10

12.75

13.25

12.50

12.90

13.75

14.00

15.18 15.62

CAL 99

10.60

10.80

12.00

12.50

12.00

12.35

13.00

13.25

15.25

15.35

The above information is for the intended parties only.   The information contained herein shall not be distributed, copied, or altered without express written permission from A.E. Bruggemann & Co.. The information contained in this chart is taken from sources we believe to be reliable but is not guaranteed by us as to accuracy or completeness and is sent to you for information purposes only. Please read our disclaimer.