VOL. XLII

No. 32

9-August-1999

ABU DHABI

Abu Dhabi, Oman And Qatar Raise July Prices

The Abu Dhabi National Oil Company (ADNOC) has raised itsretroactive monthly assessment prices for term sales for July by $2.45-$2.50/B.Crude oil prices were set at $18.45/B for Murban and Lower Zakum, $18.20/B forUmm Shaif, and $17.70/B for Upper Zakum. Omanç—´ Ministry of Petroleum andMinerals (MPM) also raised its July assessment price for term crude sales by$2.47/B to $17.86/B. The Murban/Oman differential...