NO. 27

8 APRIL 1991

Oil Prices

Qatar Lowers Price Formulas for March

Qatar's QGPC has notified its term customers of a 10-cent/B decrease in theprice formula applicable to crude liftings in March. The March price formula forQatar crudes has been set at the Oman monthly assessment (MPM) price plus 70cent/B for Qatar Dukhan and MPM plus 65 cents/B for Qatar Marine.