Bloomberg News

Oman Crude Official Selling Price Rises 3% in March to $110.63

January 31, 2012

Jan. 31 (Bloomberg) -- The March official selling price for Oman oil will be $110.63 a barrel, based on the average of daily futures settlement prices on the Dubai Mercantile Exchange. That makes the medium-sulfur crude 3 percent more expensive than February’s price of $107.41. Today’s settlement at 12:30 p.m. Dubai time was $110.08, the exchange said.

--Editors: Christian Schmollinger, Mike Anderson

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

To contact the editor responsible for this story: Mike Anderson at manderson34@bloomberg.net


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