Thursday, 31 March 2011 at 13:18, Reuters, Singapore
The official selling price (OSP) for Oman crude in May will rise by $8.56 to $108.95 a barrel, Reuters calculations based on data from the Dubai Mercantile Exchange (DME) showed on Thursday. The May Oman OSP is the average of the daily Oman settlements at 0830 GMT in March for the front-month contract. The May Dubai crude OSP, set 20 cents below DME Oman, was calculated at $108.75 a barrel.
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