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Oman crude stabilizes at $58.78 mark

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Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (December Delivery 2019) on Thursday reached 58.78 US Dollars. The DME statement said that the price of Oman oil on Thursday stabilized compared to yesterday (Wednesday). The average price of Oman oil (October Delivery 2019) has stabilized at 59.68 US Dollars, thus 4.20 US Dollars per barrel lower than September Delivery 2019. --ONA