Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (February Delivery 2020) reached US$54.46.
The DME statement said that the price of Oman oil on Thursday rose by 94 cents from the price of Wednesday, which was at US$53.52.
The average price of Oman oil (January Delivery 2021) has stabilised at US$43.83, thus US$2.72 per barrel higher than December 2020.