The Dubai Department of Oil Affairs announced today, Thursday, that "the emirate has set the official crude price differential for September equal to the futures price of Oman crude on the Dubai Mercantile Exchange." This differential will be applied to the average daily settlements for the September contract, with the nearest expiry in July for Oman crude, to determine the official selling price of Dubai crude for September loading.
Title: Dubai's Crude Pricing for September Matches Oman Crude Price
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