Oman Maintains $17.63/B Fixed Price for July

Oman has notified its crude oil contract customers that it will maintain the fixed official export price - the price adopted last February when Oman changed from a market-related price to an OPEC-style fixed price (MEES, 9 February and 27 April) - at $17.63/B for July.

However, Oman will continue to review prices on a monthly basis with a view to making retroactive adjustments corresponding to market movements. These adjustments resulted...