Oman oil price rises

Muscat: The price of Oman oil has increased, with prices for delivery by March 2022 reaching $82.27, said Dubai Mercantile Exchange (DME).

The DME statement said that the price of Oman oil rose by $2.30 from the price of Tuesday, which was $79.97.

The average price of Oman oil (January delivery 2022) has stabilised at $80.26, thus $1.32 per barrel lower than December delivery 2021.