VOL. XXXVI

NO. 38

21 JUNE 1993

OIL PRICES

Qatar Price Formulas Unchanged For May

Qatar's QGPC has maintained its retroactive price formulas for crude oil termsales for May at April levels. The formulas for Dukhan and Marine crudesremain unchanged at Oman MPM plus $0.50/B and Oman MPM plus $0.35/Brespectively. These formulas have remained unchanged since September 1992. Thefollowing table shows Qatar's monthly formula and actual crude prices for thefirst five months of 1993 ($/B):

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