Bloomberg News

Oman Crude Official Price in July Falls 8.2% to $107.68 a Barrel

May 31, 2012

The July official selling price for Oman oil will be $107.68 a barrel, based on the average of daily futures settlement prices during May on the Dubai Mercantile Exchange. That makes the medium-sulfur crude 8.2 percent less than June’s price of $117.29. Today’s settlement at 12:30 p.m. Dubai time was $102.36, 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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