Average Dubai crude oil price falls in Sept to $41.495/bbl -sources

The monthly averages for September for Dubai and Oman as quoted by Platts are indicated in the table

  
Image used for illustrative purpose. Workers are seen at the Borouge petrochemical facility at ADNOC's Ruwais Industrial Complex in Ruwais, United Arab Emirates May 14, 2018.

Image used for illustrative purpose. Workers are seen at the Borouge petrochemical facility at ADNOC's Ruwais Industrial Complex in Ruwais, United Arab Emirates May 14, 2018.

REUTERS/Christopher Pike

SINGAPORE- Middle East crude benchmark Dubai, as quoted by price-reporting agency S&P Global Platts, fell in September to an average of $41.495 a barrel, the lowest since June, two industry sources said on Thursday.

The monthly averages for September for Dubai and Oman as quoted by Platts are indicated in the table. Middle East producers set their monthly official selling prices (OSPs) at premiums or discount to these averages.

Saudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Dubai and DME Oman crude futures. 

(Reporting By Shu Zhang; Editing by Rashmi Aich) ((shu.zhang@thomsonreuters.com; +65-6870-3549; Reuters Messaging: Twitter @shuzhang4))

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