Oman Term Contract Crude Sold Out for 1986 

MEES understands that non-OPEC Oman has already disposed of its total availability of crude oil for 1986 under equity arrangements, term contracts and deliveries for local refining. Oman's targeted output for the year is a little over 500,000 b/d, and contract crude is priced in line with monthly retrospective assessments based on average spot crude prices in the region.

The table below, based on MEES information, details the...