VOL. XLIII

No. 06

7 February 2000

UAE

Abu Dhabi, Oman And Qatar Reduce January Prices

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactive monthly assessment prices for term sales for January 2000 by 15-20 cents/B. Murban, Lower Zakum and Umm Shaif were cut by 15 cents/B, while Upper Zakum was marked down by 20 cents/B. Omans Ministry of Oil and Gas (MOG) has reduced its January assessment price for term crude sales by 10 cents/B to 24.62/B, narrowing the Murban/Oman...