VOL. XXXIX

No. 46

12 August 1996

OPEC

Abu Dhabi, Oman And Qatar Raise July Prices By 53-60 Cents/B

The Abu Dhabi National Oil Company (ADNOC) has raised the retroactive monthly assessment prices for term sales for July by 55 cents/B for all of its four crudes. Murban rises to $19.55/B, Lower Zakum to $19.65/B, Umm Shaif to $19.25/B and Upper Zakum to $17.85/B.

Oman's Ministry of Petroleum and Minerals (MPM) also increased the July assessment price for its term crude sales by 53...