NO. 45

10 AUGUST 1992

Oil Prices

Abu Dhabi and Oman Lower Prices 55-57 Cents/B in July

The Abu Dhabi National Oil Company (ADNOC) has lowered by 55 cents/B theretroactive monthly assessment price of its crudes for term sales for July,putting Murban at $20.45/B compared to $21/B in June. Oman has also lowered itsretroactive July monthly assessment (MPM) price for term sales by 57 cents/B to$19.43/B. The Murban/Oman differential now stands at $1.02/B, compared to $1/Bduring the past three...