Average Dubai crude oil price rises to 13-month high in Feb: Sources

Middle East crude benchmark Dubai, as quoted by price-reporting agency S&P Global Platts, rose in February to an average of $60.855 a barrel, the highest since January 2020, two market participants said on Monday.

The monthly averages for February for Dubai and Oman as quoted by Platts are indicated in the table. Middle East producers set their monthly official selling prices (OSPs) at premiums or discount to these averages.