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The official selling price for Oman Crude Oil during trading in January 2019, for the delivery month of March 2019, settled at $59.36 per barrel, higher by $2.03 per barrel only compared with December's trading prices.
for Oman Crude Oil during December 2018, for the delivery month of
The official selling price for Oman Crude Oil during July 2018, for the delivery month of September 2018, settled at $73.17, lower by (0.44) compared with June trading prices.
[P.sub.j,i.sup.oil] is used as input to a contract price C[P.sub.mj,i], where mj,i refers to the relevant delivery month to day i of the year j, as follows
The official selling price for Oman Crude Oil during February 2018, for the delivery month of April 2018, reached USD (63.01) dipped by USD (3.31) compared with March official selling price.
For example, a commodity futures straddle may involve simultaneously holding a long position in a commodity for one delivery month and a short position in the same commodity for a different month.
This price is used in the monthly formula to calculate the OSP for Oman crude oil term sales for that delivery month.
"This does not include 28,000 teu that as of yet we're not certain of the delivery month. In total there are 35 ships of 10,000 teu or more that will need to find a home in the East-West trades by the year's end," said Drewry.
Interested parties are invited to visit the Company's online offering at www.buygolddirect.biz where they will be able to shop, based on delivery month and availability, for 1 oz, 10 oz, 100 gram, 500 gram and 1 kilo gold bars.
The first delivery month affected, June 2015 delivery month, will be listed for trading on September 22, 2014, giving the marketplace ample time to make the necessary adjustments to trading systems.
Conception month was estimated using delivery month and gestational age (in weeks) from the birth certificate.
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