VOL. XXXVI

NO. 38

21 JUNE 1993

OIL PRICES

Oman Cuts May Crude Price By $0.35/B

Oman's Ministry of Petroleum and Minerals (MPM) has reduced its retroactiveMay assessment price for term sales by $0.35/B to $16.70/B. This brings theMurban/Oman differential to $0.85/B for May, compared with a $0.80/B differential for April, while the Dubai/Oman differential for May is $0.83/B compared to$0.77/B for April. The following table shows the details of the Oman price forthe first five months of 1993:

...