VOL. XXXVII

NO. 41

11 JULY 1994

Oil Prices

Qatar Reduces June Price Formulas By $0.14-0.15/B

Qatar has reduced its Oman-based retroactive crude price formulas for June by$0.15/B and $0.14/B to Oman MPM ($16.08/B) plus $0.60/B for Dukhan and Oman MPMplus $0.43/B for Marine. The actual prices of Qatar's crudes increased to$16.68/B for Dukhan and $16.51/B for Marine, increases of $0.88/B and $0.89/Brespectively. The following table shows Qatar's formula and actual crude pricesfor the last nine months...