VOL. XXXV

NO. 49

7 SEPTEMBER 1992

Oil Prices

Abu Dhabi and Oman Reduce Prices by 65-75 Cents/B in August

The Abu Dhabi National Oil Company (ADNOC) has reduced by 75 cents/B theretroactive monthly assessment price of its crudes for term sales for August,pricing Murban at $19.70/B compared to $20.45/B in July. Oman has also loweredits retroactive August monthly assessment (MPM) price for term sales by 73cents/B to $18.70/B. The Murban/Oman differential now stands at $1/B, comparedto $1.02/B in July...