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Latest News

Dubai Jan crude average rises to $92.52/bbl-traders

Oman crude oil quoted by Platts averaged $92.660 a barrel for January, up from $89.120 in December-says traders.

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February 1, 2011 10:19 by



Dubai crude oil quoted by price-reporting agency Platts averaged $92.516 a barrel for January, up $3.468 from December, traders said on Tuesday.

The average is used as the basis for the Abu Dhabi and Qatari retroactive January official selling prices (OSPs), which are set as differentials to Dubai.

Oman crude oil quoted by Platts averaged $92.660 a barrel for January, up from $89.120 in December, traders said. That would put the January Oman/Dubai average at $92.588.

(Reporting by Osamu Tsukimori)



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