Dubai crude, as quoted by price-reporting agency Platts, averaged at $62.735 a barrel for March, a trader that participates in the market said on Monday. Prices for Dubai, Oman and Oman/Dubai averages quoted by Platts are as follows. Units are in dollars per barrel. Middle East producers set their monthly official selling prices based on these prices.
CRUDE MARCH FEB CHANGE
Dubai 62.735 62.721 0.014
Oman 63.248 63.049 0.199
Oman/Dubai average 62.992 62.885 0.107
Source: Reuters (Reporting by Florence Tan, Editing by Sherry Jacob-Phillips)