VOL. XXXVII

NO. 50

12 SEPTEMBER 1994

Oil Prices

Qatar RaisesAugust Price Formulas By $0.10/B

Qatar has raisedits Oman-based retroactive crude price formulas for August by $0.10/B for bothits Dukhan and Marine crudes. Dukhan was priced at Oman MPM ($16.21/B) plus$0.58/B, while Marine was set at Oman MPM plus $0.38/B. The actual price ofQatar's crude oil is $16.79/B for Dukhan and $16.59/B for Marine, a pricereduction of $0.59/B for both crudes. The following table shows Qatar's formulaand actual...