Thursday, March 28, 2024 | Ramadan 17, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Crude price for July delivery at $50.55

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MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for August delivery reached $45.76. The DME statement on Tuesday said that the price of Oman oil declined 4 cents from the price of Monday, which was $45.80. The average price of Oman oil for July delivery has stabilised at $50.55, thus $2.27 per barrel lower than June price. Brent crude futures traded at $46.92 per barrel, flat on the day and not far from last week’s low of $46.70 and five-month low of $46.64 touched in early May.


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