P529ORACLE 529 Mon 3 Mar C4 1700:06   ABU DHABI CUTS  CRUDE PRICES BY $8 Abu Dhabi's National Oil Corp (ADNOC) has cut crude oil prices for February liftings by more than $8 a barrel, according to oil industry sources. They said ADNOC had priced Murban at $16.65 a barrel, down from $24.95 in January, Lower Zakum at $16.50 from $24.85 and Umm Shif $16.40 from $24.75. The prices are the first to be set after ADNOC announced a new pricing policy last month. It is based on spot market assessments rather than government selling prices. City headlines 500 Newsfile 520