MUSCAT: The Dubai Mercantile Exchange (DME) said that Oman oil price for September delivery reached $65.16. The DME statement said that the price of Oman oil rose $1.02. The average price of Oman oil for July delivery has stabilised at $69.99, thus $1.17 per barrel lower than June delivery. Benchmark US crude futures prices have risen by almost $8.70 per barrel (17 per cent) since touching a recent low on June 12.
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