Oman Oil December Official Selling Price Drops 2.3% to $108.67

Oct. 31 (Bloomberg) -- The December official selling price for Oman oil will fall to $108.67 a barrel, based on the average of daily futures settlement prices during October on the Dubai Mercantile Exchange.

That sets the medium-sulfur crude at 2.3 percent less than November’s price of $111.24. Today’s settlement at 12:30 p.m. Dubai time was $105.25, 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