VOL. XXXVII

NO. 25

21 MARCH 1994

Qatar

Qatar Raises February Price Formulas

Qatar has adjusted its Oman-based price formulas for February, raising theprice of its Dukhan crude by 10 cents/B and its Marine crude by 13 cents/B.Actual prices, however, slipped by $0.44/B and $0.41/B respectively. TheFebruary price formula for Dukhan is Oman MPM ($13.24/B) plus 90 cents/B, whileMarine is Oman MPM plus 70 cents/B. The following table shows Qatar's formulaand actual crude prices for the last six months...