VOL. XXXVIII

NO. 19

6 FEBRUARY 1995

Oil Prices

Abu Dhabi Raises January Prices By 50-55 Cents/B

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactive monthlyassessment prices for term crude sales for January by 50-55 cents/B. Murban andLower Zakum were increased by $0.50/B to $17.35/B and $17.25/B respectively,while Umm Shaif and Upper Zakum were raised by $0.55/B to $16.90/B and $16.05/B.The following table shows Abu Dhabi prices for January and the last six monthsof 1994 ($/B):

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