VOL. XXXVIIINO. 1112 DECEMBER 1994
Qatar Lowers November Price Formulas By 16-17 Cents/B
Qatar has lowered its Oman-based retroactive crude price formulas forNovember by $0.16-0.17/B. The Dukhan formula was reduced by $0.16/B to Oman MPM($16.64/B) plus $0.58/B, while Marine was lowered by $0.17/B to Oman MPM plus$0.39/B. The actual price of Qatar's crude oil for November is $17.22/B forDukhan and $17.03/B for Marine, representing increases of $0.64/B and $0.63/Brespectively. The...