VOL. XXXVI

NO. 41

12 JULY 1993

OIL PRICES

Abu Dhabi Lowers June Prices By $0.30-0.40/B

The Abu Dhabi National Oil Company (ADNOC) has lowered the retroactivemonthly assessment price for term sales in June for its crudes by $0.30-0.40/B.Murban, Lower Zakum and Umm Shaif crudes were reduced by $0.30/B from their Mayprices, while Upper Zakum was reduced by $0.40/B. The following table shows thedetails of Abu Dhabi prices for the past six months:

Government Monthly Market Assessments ($/B)

...