VOL. XXXII
NO. 50
18-SEPTEMBER-1989
PRICE DEVELOPMENTS
Inconclusive Price Talks between KPC and Japanese Oil Firms; Status Quo onIraqi Price
As at MEES presstime, no agreement has been reached yet between the KuwaitPetroleum Corporation (KPC) and Japanese oil companies regarding fourth quarterprices. KPC has asked for a 10-cent increase over 3Q, from Oman/Dubai spotaverage minus 50 cents to Oman/Dubai spot average minus 40 cents. However, theJapanese companies, led by the two refining firms...
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