NO. 15

9 JANUARY 1995

Oil Prices

Abu Dhabi And Oman Cut December Prices By $0.55-0.70/B

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactivemonthly assessment prices for term crude sales for December with Murban, LowerZakum, and Umm Shaif being cut by $0.70/B to $16.85/B, $16.75/B and $16.35/Brespectively, while Upper Zakum was lowered by $0.55/B to $15.50/B.

Oman's Ministry of Petroleum and Minerals (MPM) also cut its Decemberassessment price for term crude sales by...