Oman oil price falls by 12 cents

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (February Delivery 2020) reached US$51.10.

The DME statement said that the price of Oman oil on Tuesday declined by 12 cents from the price of Monday, which was at US$51.22.

The average price of Oman oil (January Delivery 2021) has stabilised at US$43.83, thus US$2.72 per barrel higher than December Delivery 2020.