NO. 19


Crude Prices

Unprecedented Differential of $1.05/B between Murban and Oman

Abu Dhabi has increased its monthly assessment price for Murban crude for themonth of January by 85 cents/B to $19.20/B, as compared with $18.35/B forDecember. At the same time Oman raised its January price by only 45 cents/B to$18.15/B, thereby raising the Murban/Oman differential to the unprecedentedlevel of $1.05/B. According to MEES soundings, several companies have asked ADNOC to...