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26 February 2024

Dubai crude to be priced 40 cents below Oman

By Reuters

Dubai has set its official differential to Oman futures for May at a discount of 40 cents per barrel, the Dubai Department of Petroleum Affairs says.

The differential will be applied to the average of daily settlements for the front-month May Oman contract at the end of March to set Dubai's official selling price (OSP) for May-loading crude.