Oman Crude OSP Set at $73.16 per Barrel for February

A $0.70 increase from the previous month

Oman’s official selling price (OSP) for February crude will rise by $0.70 to $73.16 per barrel, according to Reuters calculations based on data from the Gulf Mercantile Exchange (GME).

The February OSP is the average of daily Oman settlements at 0830 GMT in December for the front-month contract OQc1. In comparison, the Dubai crude OSP has been set at a $0.05 per barrel premium to GME Oman, bringing it to $73.21 per barrel for February.

News source: OGN