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|23 January, 2019

Dubai Crude for April to be priced at $0.10/bbl below Oman

Dubai has set its official differential to Oman futures 1OQc1 for April at a discount of $0.10 per barrel

Cars queue for petrol at a gas station in Dubai June 11, 2012. Image for illustrative purposes.

Cars queue for petrol at a gas station in Dubai June 11, 2012. Image for illustrative purposes.

REUTERS/Ghazal Watfa

SINGAPORE- Dubai has set its official differential to Oman futures for April at a discount of $0.10 per barrel, the Dubai Department of Petroleum Affairs said on Wednesday.

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

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DME exchange data can be found on the website at: http://www.dubaimerc.com/dmedata/historical-oqd.aspx. Reporting by Asia Energy Desk e-mail: asia.energy@thomsonreuters.com

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