UAE-OMAN

Abu Dhabi and Oman Cut Prices for April 

Abu Dhabi and Oman have notified their term contract customers of price cuts ranging between $0.95/B and $1.20/B for April deliveries. The price of Abu Dhabi Murban has been reduced to $11.30/B for April from $12.50/B in March, while the Oman crude price has been cut to $10.90 for April from $11.85 in March. The Murban/Oman differential has fallen to 40 cents in April, as against 65 cents in March, 85 cents in February and $1.12 in...