VOL. XXXVII

NO. 23

7-MARCH-1994

Oil Prices

Abu Dhabi And Oman Reduce Prices By $0.50-0.54/B

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactivemonthly assessment prices for term crude sales for February by $0.50/B for allof its crudes. The price of Murban was lowered to $14.60/B, followed by LowerZakum at $14.50/B, Umm Shaif at $14.15/B, and Upper Zakum at $12.80/B.

Oman's Ministry of Petroleum and Minerals (MPM) also decreased its Februaryassessment price for term crude sales by...