NO. 32

13 MAY 1991

Oil Prices

Qatar Lowers Price Formulas for April

Qatar's QGPC has notified its term customers of a 10-cent/B decrease in theprice formula applicable to crude liftings in April. The April price formula forQatar crudes has been set at the Oman monthly assessment (MPM) price plus 60cents/B for Qatar Dukhan and MPM plus 55 cents/B for Qatar Marine. The actualprices for Qatar crudes for the first four months of the year, in line withformulas applicable during the period,...