Oman oil price rises by 66 cents

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (March Delivery 2020) reached US$55.24.

The DME statement said that the price of Oman oil on Monday rose by 66 cents from the price of last Friday, which was at US$54.58.

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.