VOL. XLII

No 49

6-December-1999

UAE

Abu Dhabi Raises November Prices

The Abu Dhabi National Oil Company (ADNOC) has raised itsretroactive monthly assessment prices for term sales for November by$1.80-1.90/B. Murban, Lower Zakum Umm Shaif were increased by $1.90/B to$24.60/B, $24.65/B and $24.40/B respectively, while Upper Zakum was marked upby $1.80 cents/B to $23.35/B.

The following table shows crude prices for the UAE for thefirst 11 months of 1999, plus the yearly averages for 1997 and 1998...