NO. 37

13 JUNE 1994

Oil Prices

Oman Raises May Crude Price By $0.85/B

Oman's Ministry of Petroleum and Minerals (MPM) raised the May assessmentprice for term crude sales by $0.85/B to $15.05/B, narrowing the Murban/Omandifferential for May to $1.05/B from $1.25/B in April.

The following table shows Oman MPM prices for the last ten months ($/B):

 ____________1994________________ _____________1993_________________ May Apr Mar Feb Jan Dec Nov Oct Sep AugOmanOman (34ø) 15.05 14.20 12.35...