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Oman oil price rises $2.98 mark

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Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (February Delivery 2020) reached 53.52 US Dollars. The DME statement said that the price of Oman oil on Wednesday rose 2.98 US Dollars from the price of yesterday (Tuesday), which was 50.54 US Dollars. The average price of Oman oil (January Delivery 2021) has stabilised at 43.83 US Dollars, thus 2.72 US Dollars per barrel higher than December 2020. --ONA