ADNOC announces oil prices for December 2007

The Abu Dhabi National Oil Company (ADNOC) has announced the prices of its crude oil for December 2007.

According to the new prices, Murban has been pegged at US$90.60 per barrel, Lower Zakum at US$90.70, Umm Sheif at US$89.90, while Upper Zakum has been priced at US$86.50 per barrel. (WAM)