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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman crude prices jump 33% in ten months

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The Dubai Mercantile Exchange announced that 998, 519,000 barrels of Oman oil were traded in the first ten months of 2021 as the global oil market recovered during this period.


The statistics issued by the stock exchange that the average daily trading volume in the stock exchange was 4.8 million barrels, while 118 million barrels of Oman crude oil were delivered during the same period.


It figures indicated that Oman crude prices continue to recover, as it recorded a rise of about 33 percent, rising to $81.58 per barrel in October of 2021 compared to $54.79 per barrel in January of this year.


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