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...