VOL.XXXVI
NO.49
6SEPTEMBER 1993
OIL PRICES
AbuDhabi And Oman Raise August Prices By 25-55 Cents/B
TheAbuDhabiNational Oil Company (ADNOC) has raised its
retroactive monthly assessment prices for term crudesales inAugust by 50 cents/B for the three main crudes (Murban,
Lower Zakum and Umm Shaif) andby55cents/BforUpper Zakum. The August differential between ADNOC's Murban price
andthe spot average for front-month Dubai ($14.75/B) narrowed slightlyto $1.75/B from $1.79/B in July.
Meanwhile,Oman's...
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