BP ANS term price down 3 percent - March 28, 1999

Providing coverage of Alaska and northern Canada's oil and gas industryMarch 1999

Vol. 4, No. 3

Week of March 28, 1999

BP ANS term price down 3 percent

Kristen Nelson

BP Amoco’s term price for Alaska North Slope crude oil is $10.47 a barrel for March, down 32 cents a barrel (2.97 percent) from the February term price of $10.79 a barrel.

BP’s January term price of $9.37 a barrel was the lowest since July 1986, when BP’s West Coast term price was $9 a barrel.

The year-to-date average term price is $10.21 a barrel, down 31 percent from the comparable 1998 average of $14.84 a barrel. The March term price is 22 percent below the March 1998 term price of $13.35 a barrel.

BP produces the largest volume of North Slope crude oil and is the only producer to post term prices.

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.