MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for April delivery reached $54.04. The DME statement said that the price of Oman oil declined $1.34 from the price of Monday, which was $55.38. The average price of Oman oil for February delivery has stabilised at $65.49, thus $2.68 per barrel higher than January delivery. Meanwhile, Brent crude added 1.3 per cent to $55.18 a barrel, while US crude gained 1.8 per cent to $51.03.
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