VOL. XXXVII

NO. 35

30-MAY-1994

Oman's Resale Ban Could Leave Dubai As Sole Freely Traded Mideast Crude

With its recent directive notifying government term buyers that they mustdiscontinue all spot market sales of Omani crude oil as a condition for renewalof their contracts (MEES, 23 May), Oman's Ministry of Petroleum and Minerals (MPM)has signaled its intention of joining the growing list of crude producers whichprohibit or severely restrict customers from selling term allocations into thespot...