Dubai Crude price hits 3-yr high in January

Dubai – Mubasher: Dubai Crude oil price on S&P Global Platts reached $66.189 per barrel (pb) in January 2018, the highest price since November 2014, two traders said on Thursday.

Dubai Crude price rose by 4.6% to $66.189 pb last month from $61.598 pb.

Crude oil producers in the Middle East use these prices to define official selling price each month, according to Reuters.

Mubasher Contribution Time: 01-Feb-2018 08:19 (GMT)
Mubasher Last Update Time: 01-Feb-2018 08:19 (GMT)