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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman crude price for August rises

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MUSCAT: The price of Oman crude oil for August delivery has reached $45.18. The Dubai Mercantile Exchange said that the Omani crude has risen by 51 cents compared with Monday’s price which was $44.67. The average price of Oman’s crude for July delivery stood at $50.55 down by $2.27 compared with June delivery. Meanwhile, the dollar weakness helped boost crude futures prices. US crude rose to $44.34 per barrel.


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