VOL. XXXVIIINO. 1112 DECEMBER 1994

Oil Prices

Oman Raises November Crude Price By $0.80/B

Oman's Ministry of Petroleum and Minerals (MPM) has raised the Novemberassessment price for term crude sales by $0.80/B to $16.64/B from $15.84/B inOctober, narrowing the Murban/Oman differential for November to $0.91/B from$1.06/B in October. The November Oman/Dubai differential puts Oman $0.60/B overDubai's November spot average. The following table shows Oman MPM prices for thelast 11 months ($/B):

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