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  • What are Dubai Crude & Oman Crude?
  • Dubai Crude and Oman Crude are benchmarks for Middle Eastern crude oil, primarily sourced from the Arabian Peninsula. These benchmarks represent the pricing and trading of crude oil in the Asia-Pacific region and serve as references for pricing oil in the Middle East and Asia.
  • What is the difference between Brent crude and Dubai Crude?
  • Brent Crude is a mix of crude oil from 15 different oil fields in the North Sea. It is the benchmark used primarily in Europe though it is also mixed in with the OPEC reference basket which is used around the world. Dubai Crude, also known as Fateh, is a heavy sour crude oil extracted from Dubai.
  • Is Dubai a good oil benchmark?
  • latts. Dubai remains Asia’s key medium-sour crude benchmark. In 2024, the benchmark was responsible f r pricing around 10m b/d of Middle East crude exports to Asia. Spot crude purchases in Asia are regularly priced against underlying Dubai swap values and refiners use Dubai to compare netback value
  • What are Platts Dubai and Oman Crude oil benchmarks?
  • Our Platts Dubai and Oman crude oil benchmarks are the primary pricing references for crude oil loading from the Middle East Gulf, Russia, Mexico and other parts of the world to refiners. They have been since spot markets first emerged in the 1980s.
  • Does Dubai export crude oil?
  • Dubai's only refinery, at Jebel Ali, takes condensates as feedstocks, and therefore all of Dubai's crude production is exported. For many years it was the only freely traded oil in the Middle East, but gradually a spot market has developed in Omani crude as well.
  • Where does Dubai Crude oil come from?
  • Dubai Crude, also known as Fateh, is a heavy sour crude oil extracted from Dubai. It is produced in the Emirate of Dubai, part of the United Arab Emirates. Dubai's only refinery, at Jebel Ali, takes condensates as feedstocks, and therefore all of Dubai's crude production is exported.