Oman oil price rises

Muscat: The price of Oman oil has increased, with prices for delivery by February 2022 reaching $76.88, said Dubai Mercantile Exchange (DME).

The DME statement said that the price of Oman oil rose by 43 cents from the price of Tuesday, which was $76.45.

The average price of Oman oil (December delivery 2021) has stabilised at $81.58, thus $8.80 per barrel higher than November delivery 2021.