Oman oil price declines $2.01 mark

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (February Delivery 2020) reached 50.54 US Dollars. The DME statement said that the price of Oman oil on Tuesday declined 2.01 US Dollars from the price of yesterday (Monday), which was 52.55 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 Delivery 2020. --ONA