Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (September delivery 2017) reached $48.37.
The DME statement on Thursday said that the price of Oman oil rose 92 cents from Wednesday's price, which was $47.45.
The average price of Oman oil (August Delivery 2017) has stabilised at $46.52, thus $4.03 per barrel lower than July delivery 2017.