Head stories

Crude prices at $66.85 a barrel

MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for April delivery reached $66.85. The DME statement said that the price of Oman oil on Monday rose $1.46 from the price of last Friday, which was $65.39. The average price of Oman oil for March delivery has stabilised at $59.36, thus $2.03 per barrel higher than February delivery. Meanwhile, US crude was last up 25 cents at $55.84 a barrel, while Brent crude futures rose 5 cents to $66.30.