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Dubai announces new prices for its crude

The Dubai Government’s Oil Affairs Department said today, Monday, that the emirate has set the official difference in the price of its crude for the price of Omani crude futures for next November, at a discount of $ 0.45 a barrel.

The price difference is applied to the average daily settlement of Omani crude contracts for next November, in order to determine the official selling price for Dubai crude, loading the same month (November 2020).

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