No. 36

8 September 1997


Abu Dhabi, Oman And Qatar Raise August Prices

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactive monthlyassessment prices for term sales for August by 45-60 cents/B. Murban, Lower Zakum and UmmShaif were increased by 60 cents/B to $18.80/B, $18.80/B and $18.55/B respectively, whileUpper Zakum was marked up by 45/B to $17.75/B. Oman's Ministry of Petroleum and Minerals(MPM) also raised its assessment price for term crude sales by...