Center East crude benchmark Dubai, as quoted by worth reporting company S&P World Platts, rebounded in November to a mean of $61.974 a barrel, highest since July, an trade supply mentioned Monday.
The month-to-month averages for November for Dubai and Oman as quoted by Platts are indicated within the desk. Center East producers set their month-to-month official promoting costs (OSPs) at premiums or low cost to those averages.
Saudi Aramco modified the benchmark for setting its official promoting costs to Asia ranging from October 2018 to the typical of Platts Dubai and DME Oman crude futures.
Supply: Reuters (Reporting By Shu Zhang; Enhancing by Tom Hogue)