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Markets

Oman crude OSP climbs to $106.95 for November

Published September 30, 2011 Updated September 30, 2011 08:57am

oilSINGAPORE: The official selling price (OSP) for Oman crude in November will increase $1.85 to $106.95 a barrel, Reuters calculations based on data from the Dubai Mercantile Exchange (DME) showed.

The November Oman OSP is the average of the daily Oman settlements at 0830 GMT in September for the front-month contract.

The Dubai crude OSP for November, set at a 25-cent discount to DME Oman, was calculated at $106.70 a barrel.

Copyright Reuters, 2011

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