VOL. XL

No. 40

6 October 1997

UAE

Abu Dhabi Raises September Prices

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactive monthlyassessment prices for term sales for September by 20-25 cents/B. Murban, Lower Zakum andUmm Shaif were increased by 25 cents/B to $19.05/B, $19.05/B and $18.80/B respectively,while Upper Zakum was marked up by 20 cents/B to $17.95/B.

The following table shows crude prices for the UAE for 1997 ($/B):

1997

Jan

Feb

Mar

Apr

May

Jun

Jul...