Price of Oman oil continues to rise

Oman Friday 04/June/2021 13:55 PM
By: Times News Service
Price of Oman oil continues to rise
Representative image

Muscat: The price of Oman oil witnessed an increase by 24 cents, Oman News Agency (ONA), announced.

A statement issued online by the ONA said: "The official price of Oman oil on Dubai Mercantile Exchange (DME), for next August delivery reached $ 70.38."

The price witnessed an increase of 24 cents compared to Thursday's price of $70.14 on DME.

ONA added: "It should be noted that the monthly average price of Omani crude oil for a month of June delivery reached 63.10 US dollars per barrel, down by 33 (R1) US dollars compared to the delivery price of last May."