August Dubai crude average hits 7-month low at $47.691/barrel
The price is the lowest since January this year
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Singapore: Dubai crude, as quoted by price-reporting agency Platts, averaged $47.691 a barrel for August, down $8.477 from the previous month, a trader said on Tuesday.
The price is the lowest since January this year.
Prices for Dubai, Oman and Oman/Dubai average quoted by Platts are as follows. Units are in dollars per barrel. Middle East producers set monthly official selling prices based on these prices.
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