VOL. XXXV

NO. 50

14 SEPTEMBER 1992

Oil Prices

Qatar Reduces Price Formulas by 15 Cents/B for August

Qatar's QGPC has reduced its retroactive price formulas for August for termcustomers by 15 cents/B. The August formulas now stand at Oman monthlyassessment (MPM) price plus 50 cents/B for Qatar Dukhan, and MPM plus 40 cents/Bfor Qatar Marine. The following table shows the formula (reference Oman MPM) andactual prices for Qatar crudes for August and the first seven months of 1992:

 Jan Feb Mar Apr May...