VOL. XLI

No. 41

12-October-1998

UAE

Abu Dhabi, Oman And Qatar Raise September Prices

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactivemonthly assessment prices for term sales for September by 70-95 cents/B. Crude oil priceswere set at $13.45/B for Murban and Lower Zakum, up 70 cents/B, and $13.25/B for UmmShaif, also up 70 cents/B. Upper Zakum was put at $12.90/B, a mark-up of 95 cents/B.Omans Ministry of Petroleum and Minerals (MPM) also increased its assessment pricefor...