Oman Oil Official Selling Price Rises to $107.88 for FebruaryRamsey Al-Rikabi
Oman crude will sell for $107.88 a barrel in February, according to the average of daily futures settlement prices this month on the Dubai Mercantile Exchange. That’s up $1.91, or 1.8 percent, from January’s $105.97.
The February contract settled at $108.58 at 12:30 p.m. Dubai time today. Oman crude’s official selling price has been pegged to the monthly average on the DME since June 2007.