VOL. XXXVIII

NO. 23

6 MARCH 1995

Oil Prices

Abu Dhabi Raises February Prices By 55-70 Cents/B

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactive monthlyassessment prices for term crude sales for February by 55-70 cents/B. Murban andLower Zakum rose by 55 cents to $17.90/B and $17.80/B respectively, while UmmShaif was increased by 60 cents to $17.50/B and Upper Zakum went up by 70 centsto $16.75/B. The following table shows Abu Dhabi prices for February and theprevious seven...