VOL. XXXI

NO. 27

11-APRIL-1988

ABU DHABI SETS MARCH PRICES IN LINE WITH MONTHLY MARKET ASSESSMENTFORMULA

Abu Dhabi has notified its term contract customers of the prices applicableto crude oil deliveries during the month of March. The prices, set on the basisof average spot prices during the month in question, confirm that Abu Dhabi haseffectively returned to the system of fixing prices for contract customers inline with a monthly retrospective assessment of average market sales prices.This...