MUSCAT: Dubai Mercantile Exchange (DME) said that Oman oil price for May delivery reached $67.50. The DME statement said that the price of Oman oil rose 37 Cents from the price of Tuesday, which was $67.13. The average price of Oman oil for April delivery has stabilised at $64.48, thus $5.12 per barrel higher than March delivery. Brent crude oil futures rose 0.3 per cent to $68.17 per barrel, while US crude futures edged up 0.1 per cent to $60.01.
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