VOL. XXXVIII

NO.41

10 JULY 1995

Oil Prices

Abu Dhabi, Oman And Qatar Cut June Prices

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactivemonthly assessment prices for term crude sales by $1.15-1.20/B for June. Murban,Lower Zakum and Umm Shaif were cut by $1.20/B, and Upper Zakum was lowered by$1.15/B from May.

Oman's Ministry of Petroleum and Minerals (MPM) also cut its June assessmentprice for term crude sales by $1.06/B to $16.43/B from $17.49/B in April,narrowing the...