MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for October delivery reached $75.20. The DME statement said that the price of Oman oil on Tuesday rose 74 cents from the price of Monday, which was $74.46. The average price of Oman oil for September delivery has stabilised at $73.17, thus 44 cents per barrel lower than August delivery 2018. Brent crude oil rose towards its highest price since early July on Tuesday, thanks to evidence of still-modest increases in output from Opec and stronger Chinese refinery demand.
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