NO. 19


Oil Prices

Abu Dhabi And Oman Raise Crude Prices By $1.10-$1.20/B

The Abu Dhabi National Oil Company (ADNOC) has raised its retroactive monthlyassessment prices for term crude sales for January by $1.10-1.20/B for all itscrudes. The prices for Murban, Lower Zakum and Umm Shaif were raised by $1.10/Bto $15.10/B, $15.00/B and $14.65/B respectively. Upper Zakum was raised by$1.20/B to $13.30/B.

Oman's Ministry of Petroleum and Minerals (MPM) also raised its January...