VOL. XXXIX

No. 50

9 September 1996

OPEC

Abu Dhabi, Oman And Qatar Raise August Prices By 83-90 Cents/B

The Abu Dhabi National Oil Company (ADNOC) has raised the retroactive monthly assessment prices for term sales for August by 85-90 cents/B for its four crudes. Murban rises to $20.45/B, Lower Zakum to $20.50/B, Umm Shaif to $20.15/B and Upper Zakum to $18.75/B.

Oman's Ministry of Petroleum and Minerals (MPM) also in- creased the August assessment price for its term crude sales by 83...