VOL. XXXVII

NO. 2

11 OCTOBER 1993

OIL PRICES

Abu Dhabi And Oman Cut September Prices By 60-86 Cents/B

The Abu Dhabi National Oil Company (ADNOC) has lowered its retroactivemonthly assessment prices for term crude sales in September by 60 cents/B forall crudes. The September differential between ADNOC's Murban price and the spotaverage for front-month Dubai ($14.18) narrowed further to $1.72/B from $1.75/Bin August.

Meanwhile, Oman's Ministry of Petroleum and Minerals (MPM) reduced itsSeptember...