No. 32

11 August 1997


July Prices For Abu Dhabi, Oman And Qatar

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactive monthlyassessment prices for term sales for July by 5-15 cents/B. Prices for Murban, Lower Zakumand Umm Shaif were cut by 15 cents to $18.20/B, $18.20/B and 17.95/B respectively, whileUpper Zakum was marked down by 5 cents to $17.35/B. Oman's Ministry of Petroleum andMinerals (MPM) also reduced its July assessment prices for term crude sales by 29...