VOL. XXXVI

NO. 10

7 DECEMBER 1992

OIL PRICES

Abu Dhabi Cuts Prices by $1.10/B for November

The Abu Dhabi National Oil Company (ADNOC) has lowered the retroactivemonthly assessment prices of its crudes for term sales by $1.10/B for the monthof November. The prices of Murban, Lower Zakum, Umm Shaif and Upper Zakum werereduced to $18.60, $18.50, $18.30, and $17.25 respectively. Details of the AbuDhabi prices for the first 11 months of 1992 are shown below:

Government Monthly Market Assessments ($/B)

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