VOL. XLI

No. 32

10-August-1998

UAE / OMAN / QATAR

Abu Dhabi, Oman and Qatar Lift July Prices

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactive monthlyassessment prices for term sales for July by $0.30-0.35/B. Crude oil prices were raised by$0.30/B to $12.65/B for both Murban and Lower Zakum and $12.40/B for Umm Shaif. UpperZakum was marked up by $0.35/B to $11.75/B.

Oman's Ministry of Petroleum and Minerals (MPM) also hiked its assessment price forJuly term crude sales by 37...