Oman Raises Contract Crude Price By $0.20/B for July 

Oman has raised the price of its contract crude for July by $0.20/B from $25.90/B in June to $26.10/B, according to an announcement by the Omani Ministry of Petroleum and Minerals to its contract customers who are mainly Japanese firms.

Since 1 January Oman has been pricing its contract crude on a monthly basis in accordance with a spot market related formula under which a "deemed" spot price for Omani crude - based...