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Oman crude price nearly touches $74

oil
 
oil
May 9  - The price of Oman crude oil for July delivery touched $73.97 at the Dubai Mercantile Exchange (DME, an increase of $1.41 from Tuesday's close of $72.56.  It should be noted that the average price of Omani crude for delivery in May was $63.33 per barrel, compared to the delivery price in April.