VOL. XXXIII

NO. 49

10 SEPTEMBER 1990

Oil Prices

Qatar Raises August Price Formula by 25 Cents/B

Qatar's QGPC has notified its term contract customers of a 25-cent/B increasein the price formula applicable to crude liftings in August. The August priceformula for Qatar crudes has been set at Oman's monthly assessment (MPM) priceplus 50 cents/B for Qatar Dukhan and MPM plus 45 cents/B for Qatar Marine. Onthis basis actual prices for Qatar crudes for the period January-August 1990would work out as...