13 November 1995
Qatar Raises October Price Formulas
Qatar has raised its Oman-based retroactive crude price formulas for Dukhan (Land) and Marine crudes by 6 cents/B and 8 cents/B respectively. For October the Dukhan formula was set at Oman MPM ($15.00/B) plus 44 cents/B, while Marine was put at Oman MPM plus 32 cents/B. The actual price of Qatar's crudes for October fell, however, to $15.44/B for Dukhan and $15.32/B for Marine, a reduction of 54 cents/B and 52...