VOL. XXXVII

NO. 28

11 APRIL 1994

Oil Prices

Abu Dhabi And Oman Reduce March Crude Prices By $0.75- 0.89/B

The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactivemonthly assessment prices for term crude sales for March. Murban, Lower Zakumand Umm Shaif crudes were lowered by $0.85/B to $13.75/B, $13.65/B and $13.30/Brespectively, while Upper Zakum was reduced by $0.75/B to $12.05/B.

Oman's Ministry of Petroleum and Minerals (MPM) reduced the March assessmentprice for term crude sales...