Head stories

Crude prices touch $76.47

MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for July delivery reached $76.47. The DME statement said that the price of Oman oil on Monday declined 57 cents from the price of last Friday, which was $77.04. The average price of Oman oil for June delivery has stabilised at $68.31, thus $7.90 per barrel higher than May delivery. Meanwhile, Brent crude futures were at $78.18 per barrel, down 0.4 per cent.