VOL. XXXVI
NO. 19
8 FEBRUARY 1993
OIL PRICES
Abu Dhabi Cuts Prices by $0.95-$1.00/B for January
The Abu Dhabi National Oil Company (ADNOC) has lowered the retroactivemonthly assessment prices of its crudes for term sales by $0.95-$1.00/B forJanuary, reflecting a decline in benchmark crudes. Murban and Lower Zakum werereduced by 95 cents/B to $16.90 and $16.80 respectively, while Umm Shaif andUpper Zakum were each reduced by $1.00/B to $16.55 and $15.40 respectively. Thefollowing table shows the...
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