Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (August Delivery 2020) reached $40.85.
The DME statement said that the price of Oman oil rose 46 cents from the price of Tuesday which was $40.39.
The average price of Oman oil (June Delivery 2020) has stabilised at $23.65, thus $11.19 per barrel lower than May Delivery 2020.