VOL. XXXVII
NO. 34
23-MAY-1994
Dubai Market
Revised Sales Terms And New Wells Revive Dubai Market
After months of watching liquidity slowly evaporate, the Dubai market is nowshowing signs of new life. A combination of factors has helped to inject newvigor into this hitherto flagging market. These include: the introduction lastmonth of Conoco's new sales terms; a surprisingly large output contribution fromtwo horizontal wells which came on-stream in early April; a widening of theBrent-Dubai...
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