Exports totaled 28.857 million barrels, representing a daily average of 961,926 barrels. International crude prices were up in November for the major crude oil benchmarks around the world. West Texas Intermediate crude oil at the New York Mercantile Exchange (NYMEX) averaged $57.09 per barrel, up $3.06 compared to October 2019 trading. North Sea Brent blend on the ICE in London averaged $62.71 a barrel, up by $3.08 compared to October 2019. The average monthly price for Oman Crude Oil Futures Contract at the Dubai Mercantile Exchange (DME) climbed 4.2 per cent compared with the previous month.
The official selling price for Oman Crude Oil during trading of November 2019, for the delivery month of January 2020, settled at $62.81 per barrel, up $2.55 compared to December 2019 delivery. The daily trading marker price ranged between $59.87 and $64.63 per barrel.
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