VOL. XXXII

NO. 16

23-JANUARY-1989

GULF PRODUCERS FEEL DISSATISFIED WITH DUBAI PRICE YARDSTICK

According to MEES soundings, there is currently a great deal ofdissatisfaction among Gulf oil exporting countries with the way the spot priceof Dubai crude has been performing in the market in recent months. Togetherwith Oman crude - whose spot price is closely linked with that of Dubai with thedifferential remaining pretty constant at plus 40 cents for Oman - the Dubaispot valuation provides the main...