UAE-OMAN

Abu Dhabi and Oman Lower Crude Prices for July 

Abu Dhabi and Oman have notified their term contract customers of price decreases ranging from $2.50/B to $2.55/B for crude oil deliveries in July, based on the monthly price assessments made by the two countries retrospectively in the light of actual spot crude prices during the month in question. The Murban/Oman price differential has been lowered to 25 cents/B in July from 30 cents/B in June.

Details of the Abu Dhabi and...