Malaysia’s Petronas sets January crude price factor at $4.60/bbl

(For OSP list, click )

SINGAPORE, Jan 12 (Reuters) – State oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for January at $ 4.60 per barrel, up 55 cents from the previous month, the company said on Tuesday.

Petronas introduced a new official selling price (OSP) for its crude based on a basket of Malaysian crude oil grades – Labuan, Miri Light and Kikeh – effective January 2014.

(Reporting by Jacob Gronholt-Pedersen; Editing by Joseph Radford)

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