MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for July delivery on Monday reached $72.57. The DME statement said that the price of Oman oil rose $2.06 from the price of last Friday, which was $70.51. The average price of Oman oil for May delivery has stabilised at $63.31, thus 30 cents per barrel higher than April delivery. Brent crude oil futures were at $75.55 per barrel at 09:45 GMT, up 0.9 per cent and having also touched their highest since November 2014.
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