Dubai sets May crude price at 70 cts/bbl below DME Oman

SINGAPORE, Feb 23 (Reuters) - Dubai has set its

official differential to Oman futures for May at a

discount of 70 cents per barrel, the Dubai Department of

Petroleum Affairs said on Thursday.

The differential will be applied to the average of daily

settlements for the front-month May Oman contract at the end of

March to set Dubai's official selling price (OSP) for

May-loading crude.

(Reporting by Francis Kan, Editing by Jonathan Thatcher)