Oman oil price falls by 73 cents

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (March Delivery 2020) reached US$55.69. 

The DME statement said that the price of Oman oil on Thursday declined by 73 cents from the price of Wednesday, which was at US$56.42.

The average price of Oman oil (February Delivery 2021) has stabilised at US$50, thus US$6.17 per barrel higher than January 2021.