VOL. XXXVII

NO. 28

11 APRIL 1994

Oil Prices

Qatar Raises March Price Formulas By $0.08/B

Qatar has raised its Oman-based crude price formulas for March by $0.08/B,resulting in an actual fall in prices of $0.81/B for both Dukhan and Marinecrudes. The March price formula for Dukhan is Oman MPM ($12.35/B) plus $0.98/B,while Marine is Oman MPM plus $0.78/B. The following table shows Qatar's formulaand actual crude prices for the first quarter of 1994 and the second half of1993:

 ______1994_______...