Average Dubai crude oil price jumps $10 in May to $30.467/bbl, Platts says – ZAWYA

  • Date: 01-Jun-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Average Dubai crude oil price jumps $10 in May to $30.467/bbl, Platts says – ZAWYA

Average Dubai crude oil price jumps $10 in May to $30.467/bbl, Platts says. Middle East producers set their monthly official selling prices (OSPs) at premiums or discount to these averages.. Saudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Dubai and DME Oman crude futures..