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Dubai crude for Jan to be priced 20 cts below Oman

The differential will be applied at the end of November to set Dubai's official selling price (OSP) for January-loading crude.


October 28, 2010 10:50 by

Dubai has set its official differential to Oman futures for January 2011 at a discount of 20 cents per barrel, the Dubai Department of Petroleum Affairs said late Wednesday.

The differential will be applied to the average of daily settlements for the front month January 2011 Oman contract at the end of November to set Dubai’s official selling price (OSP) for January-loading crude.

(Reporting by Osamu Tsukimori; Editing by Joseph Radford)


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