VOL. XXXVII

NO. 49

5 SEPTEMBER 1994

Oil Prices

Abu Dhabi Reduces August Crude By $0.60-0.65/B

Prices The Abu Dhabi National Oil Company (ADNOC) has reduced its retroactivemonthly assessment prices for term crude sales for August by $0.60-0.65/B.Murban, Lower Zakum and Umm Shaif crudes were lowered by $0.60/B to $17.00/B,$16.90/B and $16.50/B respectively, while Upper Zakum was cut by $0.65/B to$15.75/B. The following table shows Abu Dhabi prices for the last eight months($/B):

Government Monthly...