NO. 41

13 JULY 1992

Oil Prices

Qatar Reduces Price Formulas 5-10 Cents/B for June

Qatar's QGPC has reduced its retroactive price formula for June termcustomers by 5-10 cents/B. The June formulas now stand at Oman monthlyassessment (MPM) price plus 75 cents/B for Qatar Dukhan, a decrease of 5 cents/Bfrom the previous month, and MPM plus 65 cents/B for Qatar Marine, a decrease of10 cents/B from May. The actual prices for Qatar crudes for the first half of1992, in line with the formulas...