VOL. XXXIX

No. 63

9-December-1996

OPEC

Abu Dhabi, Oman And Qatar Lower November Prices

The Abu Dhabi National Oil Company (ADNOC) has reduced the retroactive monthly assessment prices for term sales for November by 70-75 cents/B for its four crudes. Murban fell to $23.10/B, Lower Zakum to $23.15/B, Umm Shaif to $22.85/B and Upper Zakum to $21.20/B.

Oman's Ministry of Petroleum and Minerals (MPM) lowered the October assessment price for its term crude sales by 70 cents/B to $21.80/B,...