Oman oil price rises 14 cents

Dubai Mercantile Exchange (DME) said that Oman oil price (March delivery) reached $54.60. The DME statement on Thursday said the price of Oman oil increased 14 cents from the price of Wednesday. The average price of Oman oil (January delivery 2017) has stabilised at $44.54, thus $4.64 per barrel lower than December delivery 2016.