Oman Crude Official Price in June Falls 4.5% to $117.29 a Barrel

The June official selling price for Oman oil will be $117.29 a barrel, based on the average of daily futures settlement prices on the Dubai Mercantile Exchange. That makes the medium-sulfur crude 4.5 percent cheaper than May’s price of $122.80. Today’s settlement at 12:30 p.m. Dubai time was $116.22, the exchange said.

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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