NO. 36

8 JUNE 1992

Oil Prices

Abu Dhabi and Oman Raise Prices by $0.70-1.00/B in May

Abu Dhabi's ADNOC has raised by $1/B the retroactive monthly assessment priceof its Murban, Lower Zakum, and Umm Shaif crudes for term sales for May,bringing Murban to $19.50/B. The price of Upper Zakum was raised by 70 cents/Bin May to $17.90/B. For its part, Oman has increased its retroactive monthlyassessment (MPM) price for May term sales by $1/B to $18.50/B. As a result, theMurban/Oman differential...