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Dubai crude for Dec to be priced 20 cents below Oman

Dubai crude for December priced at a discount of 20 cents per barrel.

September 23, 2010 9:17 by

Dubai has set its official differential to Oman futures for December at a discount of 20 cents per barrel unchanged from November, the Dubai Department of Petroleum Affairs said on Thursday.

The differential will be applied to the average of daily settlements for the front month December Oman contract at the end of October to set Dubai’s official selling price (OSP) for December-loading crude.

(Reporting by Alejandro Barbajosa)

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