NO. 15

13 JANUARY 1992

Oil Prices

No Change in Qatar Price Formula for December

Qatar's QGPC has left unchanged its retroactive price formula for termcustomers at Oman monthly assessment (MPM) price plus 85 cents/B for QatarDukhan and MPM plus 80 cents/B for Qatar Marine. The actual prices for Qatarcrudes for the whole of 1991, in line with the formulas applicable during theperiod, were as follows ($/B):

 Dec Nov Oct Sep Aug July Jun May Apr Mar Feb JanDukhan 16.97 20.05 20.55 19.57 18.15...