Oman crude oil specifications

It has low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. 00%, Oman. I. The Equipment comes as : Wireline Units (Single/Double Drum). 20. 1 A History of Light Sweet Crude Oil (WTI) Futures and Options Every day, around the world, virtually around the clock, Light Sweet Crude Oil (WTI) futures and options markets 05 Crude oil methodology Specifications Country Grade APIº Sulphur Loading port Terms Standard Cargo Size (bbl) dubai dubai 30. World Oil Traders leading global fuel supplier company principally engaged in the marketing, sale and distribution of aviation, marine and land fuel and related products and services on a worldwide basis. RICK PENNEY, SCHLUMBERGER. Oman - Oil and GasOman - Oil and Gas This is a best prospect overview. Contract Listing. Sultanate crude oil production rises in January 2018 14/02/2018 Oman Observer The Sultanate’s total crude oil and condensates production during January 2018 stood at 29,978,550 barrels, a daily average by 967,050 barrels, according to the monthly report issued by the Ministry of Oil and Gas. 68 million barrels in the same period last year. Conv. the various components of this guide are designed to give Platts 1- Country: Oman (one of the Gulf Countries in Asia, Next to UAE “Dubai” and KSA). There are different standards for oil in different gegraphical regions, for example West Texas Intermediate (WTI), Brent and …any element contained in this web site. Occidental Energy Marketing, Inc. Oman Crude Oil Price News Monitoring. Previously, crude oil futures settled with the monthly average of Platts Dubai and Oman p Oman crude oil price jumps 3. 2 Oman, 33. View DME Oman Oil Contract Specs Crude Assays: Summary by Areas: Middle East Crudes: North Sea Crudes: West African Crudes: Subscribe Assays Updates: Accurate Market intelligence: Operational excellence: Selective shipping: Forefront trading technology: 500 professionals worldwide: GTCs for Trading Sales: GCCs for Barge Chartering primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. It is strictly prohibited to redistribute the Data or to sell it in any form (direct or derived) for commercial gain, particularly miss-representing its ownership. OMAN EXPORT Oman 178. ↑ MoU. 300 Barrel/Day th from …PROPERTY MEASURED; Gravity, API° 35. Access to TOTSA‘s crude assays and supporting information is strictly limited to your direct needs or those of the company you work for. This was higher than DME’s Oman Crude Oil September contract which settled on the same day at 63. Crude oil consists of mostly hydrocarbons, but to different extent also of oxygene, nitrogen and helium. 7. 07%). 34. dollars and cents per barrel Trading Symbol Methodology and Specifications Guide: Platts Asian Crude Oil several heavy oil fields. 4. Oman Oil and Gas News Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark. Oman crude oil price close to two-year high Tweet Oman crude rose to nearly its highest price in two years due to the high compliance by exporting countries with the OPEC production agreement, and also because of an increase in demand from China. 59 US Dollars. For the crude oil futures contract, if an airline company wants to buy a large amount of crude oil at a fixed price in the future, it will currently buy crude oil futures to hedge the risk of fluctuation of oil price. DME Oman Crude Oil Futures Contract From Wikipedia, the free encyclopedia Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark . For example, on the day of expiry, If DME Oman Crude Oil active month contract settlement price is $70. » A Barrel Full Oil & Gas Wiki » Crude Oil Types » Middle Eastern Crude Oil Grades » Oman Blend Crude Oil Other Specifications. 15 on Monday from US$61. View QuotesOman's oil minister says crude will average over $60 a barrel this year Oman Oil Minister Mohammed Al-Rumhi the agreement between the OPEC and partners can keep prices between $60 and $70 a barrel Omani Oil Minister Mohammad bin Hamad bin Saif al-RumhiThe oil price or the price of oil, generally refers to the spot price of a barrel of benchmark crude oil. 10. 92, or 2. The contract size is 1,000 barrels. Oil Services News Other Specifications. 15: Total Nitrogen, ppm: 1084. Oct 27, 2018 Most crude oil prices worldwide are pegged to the influential Brent, WTI or Dubai/Oman benchmarks. Crude Oil Specifications . 22 IP 336/D4294 Mercaptan Sulphur ppm wt. 06 and the API gravity of Brent Crude oil is around 39. 19 million barrels in the first 10 months of 2017, down from 268. 08 * 68. any element contained in this web site. Quality Oman Blend Crude Oil » A Barrel Full Oil & Gas Wiki » Crude Oil Types » Middle Eastern Crude Oil Grades » Oman Blend Crude Oil Fold UnfoldCRUDE OIL SPECIFICATIONS Crude Oil Type Results IRANIAN LIGHT R. 44 Calculation Characterization Factor 12. The Dubai price is the primary physical market pricing reference for crude oil delivered to Asian refineries from the Middle East Gulf, and has been since the 1980s. 19 per barrel on Friday. 85: Sulfur, wt% 0. e. The data reached an all-time high of 9. 82Energy Intelligence Research The International Crude Oil Market Handbook 2009Change of Contract Specs to Better Aligned with Industry. (OOC) is a commercial company wholly owned by the Government of the Sultanate of Oman. In 2013, more than 97% of the country's oil exports went to countries in Asia, of which nearly 60% went to China. Crude and oil products from the nearby 85,000-barrel-perday Mina Al Fahal refinery are loaded onto tankers at the port by subsea pipeline. S. We can supply crude oil from various market: 1. . Light Crude oil is liquid petroleum that has low density and that flows freely at room temperature. Contract Value sold on the Exchange for future delivery of Oman crude oil of normal export quality. 4 Contract Value 5 10. Murban crude climbed 2. 446. OMCRUDE. Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark. API Reports Smaller Crude Oil Build Than Expected. Evolution of Platts Dubai Platts began assessing price of Dubai crude oil in the early 1980’s as a single grade. www. 3 Sulphur WT % 2. WT bbls/MT . com Oman Crude Oil, Omani Crude Oil Manufacturers - Made in OmanHiren Sarma Petroleum Development Oman Muscat, Oman. Rubiales Specs. Products. 35. We are interested in dealing with crude oil dealer. $ 70. Contracts are available as per the Contract Launch Crude Assays Click on the image link Crude Name, Assay Date, API°, Sulphur, Download. The trading of Oman Crude Oil Future Contract at Dubai Mercantile Exchange (DME Oman) rose by 7. 66 the LIST OF CRUDE OILS (C rude Name Alphabets Order) CRUDE NAME STATE /COUNTRY PAGE ABOUZAR (ARDESHIR) Iran 1. ↑ "Crude Grade : NILE BLEND" Petro Tech Intel, Retrieved 4 June 2012. 000 Unit from Dec 1980 to 2017, with 38 observations. Oman Live Crude Oil Price Charts, Free Historical Crude Oil Prices Charts USD/Barrel, Embed Chart in your website With crude oil and condensate production approaching one million barrels of oil per day (bd) in 2017 the sultanate of Oman is the Middle-East’s largest non-OPEC producer. " These grades Crude, API, Sulfur, Source. 10 BBL/D/1K from 1994 until 2018, reaching an all time high of 1057 BBL/D/1K in November of 2000 and a record low of 693 BBL/D/1K in July of 2007. 0. 6. These contracts stipulate not only where the oil is drilled, but also its Petroleum Development Oman (PDO) holds most of Oman’s oil reserves and is responsible for more than 70% of its crude oil production, according to PDO. 08 per barrel compared to $68. The two billion bbl of delivered Oman crude is a clear demonstration that transacting and pricing oil through a fully regulated exchange is a very positive step for both buyers and sellers. Company profileLight Crude Oil (oman Crude Oil) , Find Complete Details about Light Crude Oil (oman Crude Oil),Light Crude Oil from Crude Oil Supplier or Manufacturer-World Eyes Group Specifications. 7700, then FSP for Oman Crude oil contract would be Rs. 7700 and rounded off to the nearest tick). 85 per barrel on Monday at the DME, Oman News Agency reported. 6 per barrel in the same period last year, the report said. The oil price or the price of oil, generally refers to the spot price of a barrel of benchmark crude oil. Agbami, 47. Regional office and supply details for Oman. 1 Oct 24, 2018 Contract Specifications of Oman Crude Oil Futures. 85: Sulfur, wt% 0. Liquid-ring vacuum compressors (LRVC) placed in upstream oil production facilities in Oman have stabilized the true vapor pressure (TVP) of crude. What is the Platts Dubai/Oman crude oil benchmarks? Dubai is the primary pricing reference for crude oil delivered to Asian refineries from the Middle East Gulf, Crude oil comes in hundreds of different varieties or "grades. Z. Developed by JP Morgan, Colonial grade JP54 was replaced by AVGAS also called AVGAS100LL, it’s the primary low sulphur content kerosene used worldwide. 2 The goods to be supplied under the present contract shall be crude oil in conformity with the specification as above which is an integral part of this contract. The Middle East and Africa (MEA) region holds a dominating position in the global oil storage market due to the contribution of Oman, the UAE, Iran, Saudi Arabia and Nigeria to the sector. It has a gravity of 31° API (specific gravity of 0. 750. Oman Blend, 34°, 2. Oman was cut to junk by S&P Global Ratings, which said a drop in crude could hamper exports from the largest Arab oil producer outside OPEC and jeopardize its finances. The Omani government is planning to build a crude oil pipeline that will link central Oman to a proposed crude oil storage terminal at Ras Markaz on the country’s Al-Wusta coast. View DME Oman Oil Contract SpecsToday's DME Crude Oil Oman futures prices, OQ*0 DME Crude Oil Oman futures, DME Crude Oil Oman commodities, charts and quotes. The DME statement said that the price of Oman oil dropped by $1. 62 a barrel yesterday. 367. Besides Motor Spirit & Diesel, refinery product slate includes Liquefied Petroleum Gas (LPG), Naphtha, Kerosene and Aviation Turbine Fuel (ATF). Oman crude futures are traded at the Dubai Mercantile Exchange (DME) under ticker symbol OQD (the DME is a fully electronic exchange, and its contracts are listed on CME Globex). Gravity at 15 BC 31-33 Water % Vol 0. Contracts are available as per the Contract Launch In the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms. crude oil without a license. 000 Unit in 2017 and a record low of 4. Alternative crude's Oman and Abu Dhabi's Upper Zakum are also deliverable into the Platts Dubai contract, under a mechanism known as alternative delivery. 7 per cent to US$67. TOCOM Crude futures now use Dubai crude as its sole underlying product (beginning with the June 2015 contract). The DME Oman crude oil benchmark is currently used to establish the price of crude oil produced in the Kingdom of Saudi Arabia, the Sultanate of Oman, and Dubai. Oman Crude oil contract would be Rs. crude oil reserves in oman. Oman Crude Oil Oman Crude is a medium sour crude from Oman destined for East of Suez markets. Seller and Supplier responsibility with regards to the quality of the goods delivered is limited to the above mentioned specifications. 47, Dubai Mercantile Exchange (DME) said in a statement. Contract Specifications Futures Expirations First Notice Dates Options Expirations Economic Calendar Futures Resource Center. The destination port is Colombo port, Sri Lanka. 5 Contract Months 5 10. the sulphur content in the product of GHU could meet the specifications of the light crudes sold in the market. Oman Crude Oil Price Today USD/Barrel. Sellers please contact us with all your offers and specifications. 08 * 68. 34 per barrel, according to a statement issued by the Dubai Merchantile Exchange. Sudanese Crude oil specs (Dar Blend) Test Name Method Result Crude oil assay: Crude oil assay testing includes crude oil characterization of whole crude oils and the boiling-range fractions produced from physical distillation by various procedures. Oman (Sultanate of Oman) Specification. Oman’s crude oil production is expected to rise by about 20,000 barrels per day in 2015, Omani oil minister Mohammad bin Hamad al-Rumhy told reporters on Wednesday. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of Heavy crude oil or extra heavy crude oil is any type of crude oil which does not flow easily. Our methodologically appropriate and transparent prices have been adopted in a wide range of commercial contracts, official selling prices, internal transfer pricing, tax formulas and economic modelling used by governments and all aspects of upstream, midstream and downstream markets. 03 wt % crude oil is produced off the coast of Western Australia. The relatively unknown Oman oil - a low-quality crude - this week unexpectedly turned into the world’s costliest oil benchmark, "confounding traders and throwing the market into turmoil" amid a double whammy of lower supply and surging demand. Upon Request. Platts is committed to providing as much help as possible to Oman’s Oil & GAS Industry Ministry of Oil & Gas (MOG) –Oman marketing the Sultanate’s crude oil and natural gas on behalf of the Government. ORIENTE Ecuador 179. D6 fuel is also referred to as residual fuel oil (RFO), by the Navy specification of Bunker C, or by the Pacific Specification of PS-400. Platts Oman reflects the assessment of Oman crude oil. Oman's only export crude stream is the Oman blend, which is a medium­light and sour (high sulfur) crude. 5 Contract Months 5 10. Sudanese Crude oil specs (Dar Blend) Test Name Method Result Oman Oil Company Exploration & Production LLC (OOCEP), a subsidiary of Oman Oil Company S. 1. 09 IPThe official selling price (OSP) for Oman Crude Oil during December 2018, for the delivery month of February 2019, settled at $57. The influential Oman Crude Oil Futures Contract (DME Oman) has been marketed on the Dubai Mercantile Exchange since 2007. Liquid petroleum pumped from a well is called crude oil. 80 Specification The physically-delivered Oman Crude Oil Futures Contract was launched on June 1, 2007 . We, World Eyes Group, would like to offer you Light Crude Oil. There are different standards for oil in different gegraphical regions, for example West Texas Intermediate (WTI), Brent and Omani Blend. The goods to be supplied under the present 24 Oct 2018 Contract Specifications of Oman Crude Oil Futures. 2 million contracts a day, with e Reports stated that Saudi Arabia will reduce its oil production to around 9. msn news web search Crude Oil NYMEX WTI Light Sweet Crude Oil futures (ticker symbol CL) WTI is the world’s most liquid and actively traded crude oil contract, is the most efficient way to trade today’s global oil markets. We rank as the world's third largest net seller of crude oil with more than two million barrels of crude and condensate (light oil) traded every day. Prices – INE’s Crude Oil Futures September contract settled at 68. 0 Sulphur P% WT 1. Atheer – Oman News Agency. The price of the Oman crude contract for April delivery rose by US$2. Oman crude price traded at US$65. Crude oil is also Feb 21, 2017 Grade and Quality Specifications. Origin. Four large projects are scheduled to be in progress by heavy, 90cP crude oil that is difficult to extract using traditional methods such as pumping or water Heavy oil developments in the Middle East . barrels (42,000 gallons) Price Quotation U. 66 the Atheer – Oman News Agency. Oman’s Crude Oil: No of Crude Oil Production Companies data is updated yearly, averaging 5. 15 on Monday from US$61. 3, 1. orgNYMEX WTI Crude and DME Oman Oil Trade the relationship between light sweet (WTI) and “sour” crude (DME Oman crude), used primarily in Asia. Oman Crude Oil Futures Contract The Dubai Mercantile Exchange Limited (DME) The Dubai Mercantile Exchange Limited (DME), scheduled to open this year, is a dynamic new venture, the first energy futures exchange in the Middle East. Oman crude price (April delivery) jumped 2. 1 "SUDAN’S OIL INDUSTRY Facts and Analysis, April 2008" European Union, April 2008. Other Information. Heavy crude oil or extra heavy crude oil is any type of crude oil which does not flow easily. Certification. 8 billion due to low oil prices, but said the shortfall is declining. 44 IP 342Mod/D3227Mod Total Nitrogen % wt. 84. WORLD CRUDE OIL SPECIFICATIONS. The refinery is designed to produce greener auto fuels meeting Euro-III & Euro-IV specifications. Oman Oriente Oseberg Oso Condensate Opportunity Crude Oil; Petroleum Refining Blog; Crude Oil; Send us a request. Oriente, 24. 5 per cent to reach US$63. Minimum laboratory data needed by designers and operators for crude oil refining and various products are also discussed. Sample-1 is classified as light crude oil whereas sample-2 is classified as heavy. Made in Oman Crude Oil Directory - Offering Wholesale Omani Crude Oil from Oman Crude Oil Manufacturers, Suppliers and Distributors at TradeKey. OSEBERG Regional office and supply details for Oman. The Crude Oil Guide contains the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. 5 Asphalt Tense % WT 1. oman crude oil specifications 85: Acid Number, mg KOH/g: 0. 07 million barrels, with a daily average of 970,268 barrels … Leading Japanese trading and investment company, Itochu Corporation signed a crude oil sales and purchase agreement with Oman’s Ministry of Oil and Gas on Tuesday. Contracts are available as per the Contract Launch Crude Assays Click on the image link Crude Name, Assay Date, API°, Sulphur, Download. It’s gasoline! JP54 powers fuel turbine aircraft engines. Giddings Crude Crude Oil Price Today, United States - Texas Live & Historical Price Charts USD/Barrel Crude Oil Benchmarks – Markets on Close, WTI, Brent, and Dubai/Oman Crude grades Oil & Gas Market Data Trading Simulator – New York, London, Dubai & Singapore Commodity Exchanges Case Studies & Exercises The Oman Oil Refinery Company received around 86,600 barrels per day to be . 41, Download a Excel file. 95, only compared with November trading prices. 19 million barrels in the first 10 months of 2017, down from 268. 19 …2019/02/14 · Oman’s total production of crude oil and condensate throughout January 2019 reached 30. 34. 72 per cent increase from January Omani crude oil production has increased in the last two months. enacted legislation authorizing the export of U. 02 Water and Sediment NIL Hydrogen Sulphide PPM NIL Salt NACL PPM 5. The various refined products have different physical and chemical characteristics. oil-extracting equipment, sand removal devices for crude oil, boilers, drilling rods, separators, burners in mobile tanks, pipeline heating for heavy crude, water treatment systems, quality inspection, steam injection and other Oman oil for immediate loading rose $2. Based on the supplied information of crude production and oil properties of Mukhaizna Heavy Crude Oil, the Oman Export blend and Mukhaizna Crude Oil were evaluated. 187. The price of Brent Crude oil is lesser than that of WTI. -Crude Oil TradingPetroleum Products TradingPetrochemicals TradingRisk Management Solutions we the direct sellers cement and specialize Portland 42. 19 … Oman’s average daily production of crude oil and condensates during February 2016 was 1,013,713 barrels, a 0. China. The Omani government takes a collaborative approach to localisation 54 INTERVIEW: Hamoud Al Tobi, Al Shawamikh Oil Services 55 ARTICLE:Localisation for a strong economy. Symbol. 0 Specific Gravity At 16. 2 per cent to close at US$66. The various components of this guide are designed to give Platts subscribers as much information as possible about a wide range of methodology and specification issues. Oman crude oil price jumps 3. Quantity. 5 per cent to reach US$63. According to the Oil and Gas Journal, Saudi Arabia contains 261. 4 Contract Value 5 10. 8C 0. Previously, crude oil futures settled with the monthly average of Platts Dubai and Oman prices. 31 USD/barrel (405. 2 Definitions 1 10. Crude Oil Production in Oman decreased to 975 BBL/D/1K in August from 976 BBL/D/1K in July of 2018. 30: Gravity SG: 0. 5%. 34 per barrel, according to a statement issued by the Dubai Merchantile Exchange. OSEBERG Crude Oil Specifications . (OEMI) provides comprehensive crude oil marketing and trading. The residue might dme oman crude oil futures contract include numerous undesirable impurities together with 2 percent water and one-half p. 95 1. Jet A1 Suppliers Rotterdam…. Jet A and A-1 have specs that can be utilized in fuel worldwide. Commodity. api. 32 a barrel, comprising a rise by $ 4. Oman recorded a daily average crude oil production of 972,400 barrels during January-September period of 2018, the NCSI report added. The goods to be supplied under the present contract shall be crude oil in conformity with the specification as above which is an integral part of this contract. OTTCO, a joint venture Oman Oil Company (90%) and its downstream investment subsidiary, Takamul Investment Company (10%), is looking to invite international energy infrastructure contractors to work on the project. . Anaco Wax Based on the supplied information of crude production and oil properties of Mukhaizna Heavy Crude Oil, the Oman Export blend and Mukhaizna Crude Oil were evaluated. 14 mina al Fahal FoB N/A* To achieve this specification, industry experts have shared that it would need more blending and increased storage resources. as BG Oman as the platinum sponsor and BP Oman as the gold …Bharat Oman Refineries Ltd. Crude Oil Production in Oman averaged 873. Light Crude Oil and/or Heavy Crude Oil. The contract is traded on the CME Group’s electronic platform …the above mentioned quantities exported through basrah oil terminal , khor alamya oil terminal and spm from arabian gulf and ceyhan terminal in turkey from the medeterranian sea by the following :Oman Oil Company subsidiary Oman Tank Terminal Company (OTTCO) is developing the Ras Markaz crude oil storage park at Ras Markaz, located approximately 70km south of the Port of Duqum, Oman. Refined products are derived from crude oil through processes such as distillation and catalytic cracking. Oil Markets in Transition and allowing for the delivery of Oman and Upper Zakum grades of oil in a crude oil and petroleum product trade flows, as well as Platts Oman reflects the assessment of Oman crude oil. D6 fuel is often known as residual fuel oil (RFO), by the Navy specification of Bunker C, or by the Pacific Specification of PS-400. List of Crude Oil Companies in Oman, Suppliers, Distributors, Manufacturers, Importer. Sulfur. specifications for cargo size and date ranges given for each commodity. Oman. P (PS) 7. Oman Oil Company has invited prequalification bids from international energy infrastructure contractors for the construction of a giant crude oil storage terminal at Ras Markaz on the sultanate Understanding Crude Oil and Product Markets - API Oman Oil Company subsidiary Oman Tank Terminal Company (OTTCO) is developing the Ras Markaz crude oil storage park at Ras Markaz, located approximately 70km south of the Port of Duqum, Oman. NYMEX WTI trades nearly 1. Live & Historical crude price charts and data any element contained in this web site. Today's DME Crude Oil Oman futures prices, OQ*0 DME Crude Oil Oman futures, DME Crude Oil Oman commodities, charts and quotes. 08 and last available RBI USDINR reference rate is 68. 68 million barrels in the same period last year. A homogenous sample has Middle East Crude – Dubai, Oman premiums at lowest in 3 weeks in Oil & Companies News 21/02/2019 Middle East crude benchmarks weakened for a fifth straight session with Oman and Dubai’s Oman crude oil price close to two-year high Tweet Oman crude rose to nearly its highest price in two years due to the high compliance by exporting countries with the OPEC production agreement, and also because of an increase in demand from China. P. The price of Oman crude oil due for delivery in June is as of today 50. Group started production from the Wanaea/Cossack complex in late 1995. 48: Charact. 3 Grade and Quality Specifications 4 10. 6 Prices and Price Fluctuations 5 Oman Crude Oil Price Today USD/Barrel. API. Nigeria 5. 7 percent compared with January 2018. S. 40 2. Regards Contact : Khalfan*******Occidental Energy Marketing, Inc. Crude Oil Production in Oman decreased to 975 BBL/D/1K in August from 976 BBL/D/1K in July of 2018. Assays OMAN, 20 Sep 16, 31. 5 Asphalt Tense % WT 1. 25mbpd according to Refinitiv), as such, this would see Saudi crude production 500kbpd below its 2019 Although Oman is a relatively small oil producer at 850,000 barrels of crude per day, oil revenues account for 90% of the nation's total export revenues, and 77% of total government revenues (2000 est. Oman Crude Oil Price Today USD/Barrel. 4. 23: Pour Point, °C-11. ↑ "SUDAN’S OIL INDUSTRY Facts and Analysis, April 2008" European Union, April 2008. 2- Type: Light Crude Oil and Medium Light Crude Oil. View QuotesWith crude oil and condensate production approaching one million barrels of oil per day (bd) in 2017 the sultanate of Oman is the Middle-East’s largest non-OPEC producer. Oman will boost its oil and natural gas producing capacities, according to Al Aufi. 62 a barrel yesterday. 7 per cent to 245. It Middle Eastern Crude Oil Grades » A Barrel Full Oil & Gas Wiki » Crude Oil Types » Middle Eastern Crude Oil Grades Abu Dhabi Crude OilsMuscat: Oman’s crude oil exports fell by 8. methODOlOgy anD sPeciFicatiOns guiDe cruDe Oil march 2013 2 IntroductIon the following crude specifications guide contains the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. View DME Oman Oil Contract SpecsCommodity. The source for financial, economic, and alternative datasets, serving investment professionals. Find information for Dubai Crude Oil (Platts) Financial Futures Quotes provided by CME Group. OEMI's team is flexible, experienced and ready to respond to the energy needs of its customers. Get by Email • RSS. the various components of this guide are designed to …Crude oil. Sultanate of Oman Mukhaizna Oil Field. Jet B is used in chilly climate elements. 0 3. 2 The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. The chemical profiles, or crude oil assays, specify important properties such as the oil's API gravity. Customers are able to store over 2 million barrels of Oman Export Blend Crude Oil on board a VLCC (Very Large Crude Carrier) at Mina Al Fahal, Muscat, Oman. 1- Country: Oman (one of the Gulf Countries in Asia, Next to UAE “Dubai” and KSA). 5545 A. 000 Unit in 1993. Oman Oil Company subsidiary Oman Tank Terminal Company (OTTCO) is developing the Ras Markaz crude oil storage park at Ras Markaz, located approximately 70km south of the Port of Duqum, Oman. 80 USD/barrel (433. 30 (+0. Crude assay data include density, viscosity, sulfur content, acidity, metal content, and salt and water contents, and selected assays are presented for several crude oils around the world. Refining adds value by converting crude oil (which in itself has little end-use value) into a range of refined products, including transportation fuels. Camp with retired oil pumps with Marmul, Oman On Monday, Brent crude oil futures were trading at around $77 and U. dollars and cents per barrel Trading Symbol Methodology and Specifications Guide: Platts Asian Crude Oil OTTCO has launched floating storage as an interim solution for its customers ahead of the commissioning of the Ras Markaz Crude Oil Park. The agreement was signed on the sidelines of Itochu Corporation’s 45th year anniversary celebration for its long-term business relationship with the sultanate. 13 Fateh FoB N/A* oman oman 32. Duqm Storage Expansion. 56. We need to contact exporters based in Oman who can supply us Oman crude oil. According to Dubai Mercantile Exchange (DME), the price of Oman crude oil increased by 15 cents overnight, from 50. 2 Calculation Total Sulphur % wt. Oman Tank Terminal Company (OTTCO) has opened prequalification for a crude oil terminal project at Ras Markaz on Oman’s Wusta coast. PCT. 2 per cent operational tolerance were sold at premiums of about 5 cents a barrel above the official selling price, against premiums of about 4 cents from the previous year, they said REUTERS Find information for Dubai Crude Oil (Platts) Financial Futures Quotes provided by CME Group. 221 December 2015April 2016 Chapter 10 - DME Oman Crude Oil Futures Contract Page 5 10. Muscat - Oman crude oil price on Monday surged 3. Published on Feb 18, 2019. 33, lower by $8. The current year There are different standards for oil in different gegraphical regions, for example West Texas Intermediate (WTI), Brent and Omani Blend. 35. The major benchmark oil prices in the world contain Brent crude oil price, WTI (West Texas Intermediate) crude oil price and Dubai/Oman crude oil price. 8,000,000 barrels per month x 12 months with rolls and extensions of Light Crude Oil and / or Heavy Crude Oil. Effective on, January, 2018, pursuant to the Contract Specifications of Crude Oil Futures and the Delivery Rules of the Shanghai International Energy Exchange, INE has set the deliverable crude streams, deliverable grades, and final settlement price differentials for INE crude oil futures as follows: Forward trade of Dubai Crude is limited to one or two months. Spot Contract 2. 48: Charact. To subscribe to DME mailing lists, please visit our Subscription Center . Includes a market overview and trade data. P (PS) 7. 23: Pour Point, °C-11. LPI-LAB-004-04 Evaluation of Sarir Crude Oil This assay is a part of a series of crude oil evaluation reports have been prepared for Crude oil marketing department of National Oil Corporation. Oman crude jumps to 3-month high near $67. Oman Blend. Muscat: Oman’s crude oil exports fell by 8. Live & Historical crude price charts and dataLaunched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark. The closely watched spread between Oman and swaps for Dubai crude, another key Middle East benchmark used to price regional cargoes, widened to a record of over $10 a barrel earlier this week Oman Live Crude Oil Price Charts, Free Historical Crude Oil Prices Charts USD/Barrel, Embed Chart in your websiteOman crude oil price on Monday surged 3. Oman’s Crude Oil: Production data is updated yearly, averaging 844. dubai oman crude oil price . One Year contract; Below are the Iraqi, Nigerian and Omani Crude Oil Specification to download for your information; Iraq – Basra Type of Crude oil and specification 5- The applicant should be able to open the required letter of credit for payment of crude oil purchased. Contract specificationsOman's crude oil prices, for the month of April, has fallen to $62. Our Physical trading Company supply Omani Crude Oil - all documentations are Omanis - - delivery STS front Muscat, international waters - - per CFR delivery will be recalculated the bid price - • Gulf Light Export Blend Crude Oil as per Specifications • Gulf Heavy Export Blend Crude Oil as per Specifications Middle Eastern Crude Oil Grades » A Barrel Full Oil & Gas Wiki » Crude Oil Types » Middle Eastern Crude Oil Grades Abu Dhabi Crude Oils methODOlOgy anD sPeciFicatiOns guiDe cruDe Oil march 2013 2 IntroductIon the following crude specifications guide contains the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. Table of Contents . Links API: Sulphur Level: Country: Location; Source Fields: DME Oman Crude Oil Futures Contract Launched by the Dubai Mercantile Exchange (DME) on 1 Contract specifications Trading unit 1000 barrels (160 m3). 06, Oman. Around 66% of production in 2017 came from the Petroleum Development of Oman (PDO) operated Block 6. 2014/11/30 · Oman, Britain’s closest political ally in the Middle East, faces a potential economic catastrophe from the collapse in crude oil prices which have come at …Lower oil prices may be a boon to European consumers but oil producing countries like Oman are experiencing a crisis. ↑ "METHODOLOGY AND SPECIFICATIONS GUIDE" Platts, May 2012. EVALUATION OF CRUDE OIL, PETROLEUM PRODUCTS AND PETROCHEMICALS Indigenous and imported crude oils are being process in India for production of gasoline, diesel, kerosene and lube oil, wax and feed stock for petrochemical industry like naphtha, kerosene etc. Oman Targets 1 Million Bpd Oil Output In 2017. Type & specification of crude oil Brega Crude Oil Density @ 15˚C g/ml 0. Analyze the world market for oil and gas to guide marketing efforts of Oman's crude oil. oman crude oil specificationsIn the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms. Crude oil is not one indistinguishable substance. Crude oil is also Crude Assays Click on the image link Crude Name, Assay Date, API°, Sulphur, Download. Tokyo Commodity Exchange. 10 BBL/D/1K from 1994 until 2018, reaching an all time high of 1057 BBL/D/1K in November of 2000 and a record low of 693 BBL/D/1K in July of 2007. The Ras Markaz crude oil storage terminal is set to be the third export terminal for crude oil in Oman. 6 Prices and Price Fluctuations 5Oman’s Crude Oil: Production was reported at 883. Petroleum assay data is used by clients for detailed refinery engineering and crude oil marketing. Sarir Crude Oil Document No. Wireline equipment designed and manufactured by Special Oilfield Services conform to API specifications and the latest NACE standards. Contract Specifications See More. There are in fact 4 main types, from light oils such as gasoline and jet fuel to heavy fuel oils. c mineral soil. The contract is traded on the CME Group’s electronic platform CME Globex, and cleared through CME Clearport. Exports Oman Targets 1 Million Bpd Oil Output In 2017. 871) and a sulfur content of 2%/weight[2] See also DME Oman Crude Oil Futures Contract List of crude oil products Petroeuro References "Crude Benchmark Analysis". Crude price rise bodes well for the economy as it will cut deficit and boost economic activity the price of oil for Oman’s June 2018 delivery rose to $69. Reuters. 7700 and rounded off to the nearest tick). 15: Total Nitrogen, ppm: 1084. DME Oman Crude Oil Futures Contract. Oman Crude is a medium sour crude from Oman destined for East of Suez markets. Dr. (OEMI) provides comprehensive crude oil marketing and trading. We need to contact exporters based in Oman who can supply us Oman crude oil. 5545 A. Activities include but not limited to :-Crude Oil TradingPetroleum Products TradingPetrochemicals TradingRisk Management Solutions Oman's crude oil exports will drop by about 50,000 barrels per day when new refining capacity comes onstream in the northern city of Sohar by early 2017, Minister of Oil and Gas Mohammad bin Hamad al-Rumhy said on Wednesday. What are you looking for ROYAL IMPEX INT. 1 There are different standards for oil in different gegraphical regions, for example West Texas Intermediate (WTI), Brent and Omani Blend. 5%. The Sultanate of Oman is a country in the east of the Arabian Peninsula which economy depends on the situation connected with oil production. NYMEX WTI Crude and DME Oman Oil Trade the relationship between light sweet (WTI) and “sour” crude (DME Oman crude), used primarily in Asia. e. 2 Destination of Oman crude in 2013 Japan Taiwan India Thailand Singapore China 5% 4% 3% 2% . 5 As per specifications discussed earlier, the mixture falls under the category of medium oil. Venezuela Oil Specifications. Different types of oil. Contract Specifications of Oman Crude Oil Futures Symbol OMCRUDE Contract Listing Contracts are available as per the Contract Launch Calendar. 93 USD/barrel. Different types of oil. Oman Crude Oil. 25 Oman's only export crude stream is the Oman blend, which is a medium­light and sour (high sulfur) crude. The average price of Oman crude surged by 32. 6/16. Oman Blend: Gravity: 34: Sulfur: 1. CRUDE OIL SPECIFICATIONS Crude Oil Type Results IRANIAN LIGHT R. 3 Grade and Quality Specifications The Oil must be the same quality as the oil generally being supplied at the Loading Pointrt at the time of loading. 0 Sulphur P% WT 1. Oman Crude Oil Production This page provides the latest reported value for - Oman Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lecture 1 Crude Oil Quality 1. Subscriptions. It is referred to as “heavy” because its density or specific gravity is higher than that of light crude oil. Q. Saudi Light Crude Oil (SLCO). 85: Iran Heavy -5. Sultanate crude oil production rises in January 2018 14/02/2018 Oman Observer The Sultanate’s total crude oil and condensates production during January 2018 stood at 29,978,550 barrels, a daily average by 967,050 barrels, according to the monthly report issued by the Ministry of Oil and Gas. Oman Trading International specialises in trading crude oil, petroleum products, petrochemicals and LNG and provides logistical solutions and risk management tools to those who require it - facilitating transactions while minimising risk to the parties involved. West Texas Intermediate (WTI) futures were just shy of the $70 mark. 74 US Dollars. The Contractual Arrangements for OTC Oman Crude Cargoes: Parties concluding OTC Oman Crude Oil purchase/sale contracts usually use Shell's General Terms & Conditions (GT&Cs) for Crude Oil contract; incorporating Schedule G, being the supplement in respect of FOB sales of Oman Export Blend Crude Oil. Exports Crude Oil OTI is an independent marketer and trader of crude oil, having commenced trading at 12 kbpd in 2006 and grown to over 120 kbpd by 2016. ↑ DME Oman oil futures get last-minute Dubai boost. V. A Detailed Guide on the Many Different Types Home / Oil & Energy / Oil & Companies News / Oman crude oil, condensates production above 29 million barrels in June, 2017 Oman crude oil, condensates production above 29 million barrels in June, 2017 SINGAPORE: Oman crude oil sellers have locked in higher premiums for 2019 supplies than the previous year on the back of higher financing costs, several trade sources said on Friday. It is recommended that the optimal treatment point should be Mukhaizna field, which means the best choice is to build field GHU plants. Oman is an important crude oil exporter, particularly to Asian markets. Russia; There are two of contracts we can work with 1. 56. Oman 4. H. 000 Unit in 1993. The total exported quantities of Oman crude oil in January 2019 reached 23. Around two-thirds of Saudi reserves are considered "light" or "extra light" grades of oil, with the rest either Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark. NYMEX WTI Crude and DME Oman Oil Trade the relationship between light sweet (WTI) and “sour” crude (DME Oman crude), used primarily in Asia. 9 per cent, to $103. More DME Crude Oil Oman Quotes All Futures. Contract. Crude Oil Sweetening Apart from stabilization problems of ‘‘sweet’’ crude oil, ‘‘sour’’ crude oils containing hydrogen sulfide, mercaptans, and other sulfur compounds present unusual processing problems in oil field production facilities. The API gravity of Brent Crude oil is around 38. 75 compared to February delivery 2018. DME. 8mbpd in March (10. The current year Apr 9, 2012 Oman Crude Oils. Most Recent Stories Apr WTI crude oil (CLJ19) on Friday closed up +$0. 8C 0. Both Platts Dubai and Platts Oman are assessed on a Market on Close assessment process basis. Links API: Sulphur Level: Country: Location; Source Fields: 21 Dec 2015 Grade and Quality Specifications. Crude oil prices in the Gulf have dropped around 40 percent from their peak Tia Juana Heavy Characteristics Units Typical Value Gravity °API 12. 1 Scope 1 10. Q. 2 per barrel in the January-September period, from US$50. 9 per cent to $103. 7 per cent to 245. We source barrels worldwide and have access to all the key crude grades, whether it be from our equity barrels (Oman Export Blend) to third-party barrels sourced internationally. 6/16. Include Salamat Farms Trust, Hadash National Trading LLC , . The Oman Ministry of Oil and Gas is located in Muscat, Oman. Copies of Safety Data Sheets (SDS) for certain countries are provided on this website for our customers' convenience. (Shutterstock) Oman’s total production of crude oil and condensate throughout January 2019 reached 30. Live & Historical crude price charts and data This information is a summary of the key elements of the DME Oman Crude Oil Futures Contract. Copies of Safety Data Sheets (SDS) for certain countries are provided on this website for our customers' convenience. Engineering Solution. Home. 3 Grade and Quality Specifications 4 10. 700 Barrel/Day th for Dec 2016. 85: Acid Number, mg KOH/g: 0. The 47° API, 0. C (OOC) has successfully completed the loading of the first shipment of crude oil that was fully processed at Musandam Gas Plant on, 4th of May 2016. 8 per cent to $106. Crude Assays: Summary by Areas: Middle East Crudes: North Sea Crudes: West African Crudes: Subscribe Assays Updates: Accurate Market intelligence: Operational excellence: Selective shipping: Forefront trading technology: 500 professionals worldwide: GTCs for Trading Sales: GCCs for Barge Chartering Energy Intelligence Research The International Crude Oil Market Handbook 2009 crude oil reserves in oman. It’s a reflection of the significant upturn in liquid cargoes, including crude, refined petroleum Outlook for Asia-Pacific crude oil benchmarks CONFIDENTIAL . 4819 per barrel ( i. Venezuela Crude: Colombian Crude. Oman shipping company provides crude oil refined petroleum fuels, Crude Oil . 19 …The residue may crude oil buyers oman comprise various undesirable impurities together with 2 % water and one-half p. Exports by Destination Destination: Notes: On December 18, 2015, the U. 07 million barrels, with a daily average of 970,268 barrels, according to the monthly report issued by …The closely watched spread between Oman and swaps for Dubai crude, another key Middle East benchmark used to price regional cargoes, widened to a record of over $10 a barrel earlier this week Oman Live Crude Oil Price Charts, Free Historical Crude Oil Prices Charts USD/Barrel, Embed Chart in your websiteOman Crude Oil Futures Contract Trading Unit 1,000 U. The oil industry supports Oman’s modern and expansive infrastructure, including electrical utilities, roads, public education, and medical services. June 2, 2015 [Oman Daily Observer] - International energy infrastructure contractors have been invited to register their interest in bidding for a lucrative contract to construct a giant crude oil storage terminal at Ras Markaz on Oman's Wusta coast. 000 Unit from Dec 1980 to 2017, with 38 observations. However, in contrast with spark ignition automotive engines, diesel engines weigh more, generate extra vibration and produce higher particulate or soot emissions. The contract is traded on the CME Group’s electronic platform CME Globex, and cleared through CME Clearport. 59 US Dollars. 1 Oct 24, 2018 Contract Specifications of Oman Crude Oil Futures. 72 per cent increase from January Omani crude oil …Middle East Crude – Dubai, Oman premiums at lowest in 3 weeks in Oil & Companies News 21/02/2019 Middle East crude benchmarks weakened for a fifth straight session with Oman and Dubai’s Atheer – Oman News Agency. Links API: Sulphur Level: Country: Location; Source Fields: What is the Platts Dubai/Oman crude oil benchmarks? Dubai is the primary pricing reference for crude oil delivered to Asian refineries from the Middle East Gulf, WORLD CRUDE OIL SPECIFICATIONS. This records a decrease from the previous number of 908. Most Recent Oman Crude Oil Futures Contract Trading Unit 1,000 U. Outlook for Asia-Pacific crude oil benchmarks CONFIDENTIAL . Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U. Gravity. ICE. Argus crude oil pricing has been entrenched in the world’s global markets since 1979. 3 In addition to the government’s 60% Oman’s average daily production of crude oil and condensates during February 2016 was 1,013,713 barrels, a 0. 80RMB) on day one but was slightly lower by day seven, settling at 64. 2 crude oil benchmark South Korea is building huge oil storage facilities in Ulsan, which it plans to develop as an energy Destination of Oman crude in 2013 Japan Taiwan India Thailand Singapore China 5% 4% 3% 2% . What is the DME Oman Crude Oil Futures Contract size? A. com 2015- 2016 This material is intended for use in lectures, presentations and as handouts to students, and is provided in Power point format so as to allow customization for the individual needs of course instructors. 53%) per barrel and Apr Brent crude (CBJ19) closed up +$0. Rationale for Crude Oil methodology Oman ICIS assessments for Oman crude cover the It is supplied against the ASTM D1655 (Jet A) specification. V. The Company was incorporated in 1996 to pursue investment opportunities in the energy sector both inside and outside Oman. With 16 VLCCs, 17 Product Tankers and 4 Chemical Carriers, OSC’s fleet of product carriers accounts for more than half of the company’s national fleet. Oman’s Crude Oil: No of Crude Oil Production Companies data is updated yearly, averaging 5. 39 per barrel at the closing on Friday. Refining is necessary to transform crude oil into products that fuel the modern economy. P. Quality All parties agree to a tolerance level of plus /minus 10% for test results to the quality unless otherwise stated. On account of their inherently higher compression ratio for a given energy output, diesel engines are more fuel-efficient than spark ignition engines. Overview Oil has been the driving force of the Omani economy since Oman began commercial production in 1967. C. crude oil to the surface; moving crude oil from oil fields to storage facilities and then to refineries; moving refined products from refinery to terminals and end-use locations, etc. The required quantity is about 3 millions barrel per 3 years. Similar content. c mineral soil. PROPERTY MEASURED; Gravity, API° 35. 8131 IP 365/D4052 Specific Gravity @ 60˚ F 0. Learn More. The bags 50 KG as requested by Oman projects a budget deficit in 2018 on low crude oil price expectation The Gulf state of Oman adopted on Monday its 2018 budget projecting a deficit of $7. 51 IN THE REGION: Oman's crude oil and condensate exports in 2014, compared with OPEC countries 52 THE YEAR’S FOCUS:Development of SLCCs & LCCs 53 ARTICLE:Lead by example. Anaco Wax Commodity. Equinor trades in crude oils, petroleum products, methanol, natural gas, power and emission allowances all over the world. 1 Scope 1 10. 9 billion barrels of proven oil reserves (including 2. Oman crude oil pipeline at early feasibility stage 27 November 2013. 07 million barrels, with a daily average of 970,268 barrels … Oman oil for immediate loading rose $2. 000 Unit in 2017 and a record low of 4. Apr 9, 2012 Oman Crude Oils. Validating the specifications, value and safety of your raw materials, products and assets. Muscat: Oman’s crude oil exports fell by 8. 8 per cent to $106. Po Box 936, Mascat, Oman,133 Petroleum International is established as an oil and gas trading company. 50RMB). What are the contract trading months? A. LIST OF CRUDE OILS (C rude Name Alphabets Order) CRUDE NAME STATE /COUNTRY PAGE ABOUZAR (ARDESHIR) Iran 1. 9 Apr 2012 Oman Crude Oils. A bout 60 Liters of Crude oil sample was collected from Sirt oil Company. Crude trading The equity crude oil marketing group is an integrated operations, logistics and trading team that operates around the world. Dubai Crude is a medium oil. 900 Barrel/Day th in Dec 2017. 92, or 2. This is due to the fact that Oman subsoil is rich in oil. ). ” The two-billion milestone underscores the position of DME Oman contract as the commodities contract with the largest physical delivery in the world. 5 grey per British standard 12 / 1996 ASTM C150 specifications clinker. 30: Gravity SG: 0. February 2017 Chapter 10 - DME Oman Crude Oil Futures Contract Page 1 Chapter 10 DME Oman Crude Oil Futures Contract . Woodside Petroleum Pty. Harraz hharraz2006@yahoo. 87 when compared to the price of Wednesday which was $64. Oman oil price (March Delivery 2018) stood at $ 66. Prof. 05 (+0. 9 per cent, to $103. Light vs Heavy Crude Oil. I. Crude oil is also Dec 21, 2015 Grade and Quality Specifications. References ↑ Factbox. Contract Specifications Futures Crude Oil OTI is an independent marketer and trader of crude oil, having commenced trading at 12 kbpd in 2006 and grown to over 120 kbpd by 2016. (Oman,Dubai) -0. ↑ Contract Specifications. Dubai for loading in April was up 2. 1,000 barrels (42,000 gallons) More DME Crude Oil Oman Quotes All Futures. OEMI's team is flexible, experienced and ready to respond to the energy needs of its customers. So the demand for the former has been lowered. Change of Contract Specs to Better Aligned with Industry. Various sources of indigenous crude are: Assam crudeCrude oil company list , 6 , in Oman , include Muscat,oman,Salalah,seeb,Ruwi,SOHAR . For a full contract specification follow this link . 32 million barrels. O. 5 billion barrels in the Saudi-Kuwaiti Divided, aka "Neutral" Zone), around one-fourth of proven, conventional world oil reserves. A. Harraz Presentation BENCHMARKS OF CRUDE OILS Hassan Z. The goods to be supplied under the present In the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms. We also used our measured density to determine the API gravity of the crude oil mixture: Mixture (of light and heavy crude oil): API = 21. Crude Oil‎ > ‎ Crude oil specification. 0 Specific Gravity At 16. Oman Oil Company S. 2 Definitions 1 10. 02 Water and Sediment NIL Hydrogen Sulphide PPM NIL Salt NACL PPM 5. 8135 Calculation API Gravity @ 60˚ F 42. Crude Oil OTI is an independent marketer and trader of crude oil, having commenced trading at 12 kbpd in 2006 and grown to over 120 kbpd by 2016. 0 Quality All parties agree to a tolerance level of plus /minus 10% for test results to the quality unless otherwise stated. The Contractual Arrangements for OTC Oman Crude Cargoes: Parties concluding OTC Oman Crude Oil purchase/sale contracts usually use Shell's General Terms & Conditions (GT&Cs) for Crude Oil contract; incorporating Schedule G, being the supplement in respect of FOB sales of Oman Export Blend Crude Oil. This is because the Brent Oil is imported into North America has been swapped by the US light sweet crude oil production. 9 per cent to $103. ↑ 3. Oman's 2019 crude oil premiums rise on financing costs: Sources Oman cargoes with a 0. RussiaIraq 2. 74 US Dollars. 17 May 2016 Chapter 10 - DME Oman Crude Oil Futures Contract Page 1 Chapter 10 DME Oman Crude Oil Futures Contract Table of Contents 10. Contract Size. Iran 3