VOL. XLI

No. 50

14-December-1998

UAE/OMAN/QATAR

Abu Dhabi, Oman And Qatar Prices For November

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactivemonthly assessment prices for term sales for November by $1.10-$1.15/B. Crude oil priceswere set at $11.95/B for Murban and Lower Zakum, $11.70/B for Umm Shaif, and $11.40/B forUpper Zakum. As reported last week, Omans Ministry of Petroleum and Minerals (MPM)also lowered its November assessment price for term crude sales by 95 cents/B...