21.   Last week, the U.N. approved the pricing formula for the limited Iraqi oil sales under the agreement with Iraq originally signed in May.

22.   May Day celebrations throughout most of Europe, except the U.K., and an oil conference in Houston, limited oil trading today, traders said.

23.   Oil prices rose on speculation that the move would jeopardize limited Iraqi oil exports, which are permitted by the U.N. to finance humanitarian aid.

24.   Past efforts to talk with Iraq about plans that allow limited oil sales have all failed.

25.   Refiners had delayed purchases earlier in the hopes prices would fall if Iraq and the United Nations agreed on a plan to implement limited Iraqi oil sales.

26.   Saudi Arabia said the oil market will easily absorb the resumption of limited oil sales by Iraq under an agreement reached with the United Nations.

27.   The first response should be suspension of the new U.N. plan intended to allow limited Iraqi oil sales to pay for humanitarian needs.

28.   The money earned from the limited oil sales will be banked through a U.N.-administered escrow account in New York.

29.   The United Nations and Iraq came to a tentative agreement allowing limited oil sales by that country for the first time in six years.

30.   The U.N. has banned Iraq from exporting oil -- apart from limited oil sales approved by the U.N. for humanitarian aid purposes.