Oman crude OSP rises to $71.66/bbl for August

The August Oman OSP is the average of daily Oman settlements at 0830 GMT in June for the front month contract

  
Image used for illustrative purpose. A view of Petroleum Development of Oman (PDO) near Muscat June 5, 2010.

Image used for illustrative purpose. A view of Petroleum Development of Oman (PDO) near Muscat June 5, 2010.

REUTERS/Fahad Shadeed

SINGAPORE - The official selling price (OSP) for Oman crude in August will rise by $5.26 to $71.66 a barrel, Reuters calculations based on data from the Dubai Mercantile Exchange (DME) showed on Wednesday.

The August Oman OSP is the average of daily Oman settlements at 0830 GMT in June for the front month contract.

The Dubai crude OSP, set at a $0.20 per barrel discount to DME Oman, was calculated at $71.46 a barrel for August.

Reporting by Asia Energy Desk e-mail: asia.energy@thomsonreuters.com


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