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The average price of Dubai crude falls in February from its highest level in more than three years
(Reuters) - Dubai's average bid price on the platts platform for pricing was $ 62,721 a barrel in February, traders said on Thursday.
The average price of crude in January was the highest since November 2014.
Middle East crude producers use these prices to set official selling prices for their ore every month.
Below are the average prices of Dubai and Oman crude and the average on the platts platform in dollars per barrel:
Crude February January change
Dubai 62.721 66.189 -3.468
Oman 63.049 66.316 -3.267
The average of Dubai / Oman 62.885 66.253 -3.368
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