OREANDA-NEWS. February 17, 2015. Petronas has set the price factor for Malaysian Crude Oil (MCO) for February at \\$4.80 per barrel, down 50 cents from the previous month, the state oil firm said on Monday.

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 which came into effect in January 2014.