Oman crude price rises 1.6%

Muscat Daily - - BUSINESS -

Oman crude price rose by 1.6 per cent on Mon­day at the Dubai Mer­can­tile Ex­change (DME). The price of Oman crude reached to US$47.78 per bar­rel on Mon­day com­pared with Fri­day’s clos­ing price at US$47.01 per bar­rel.

Ac­cord­ing to a DME state­ment, the av­er­age price of Oman crude (Au­gust de­liv­ery) has sta­bilised at US$46.52 per bar­rel, which is US$4.03 per bar­rel lower com­pared with av­er­age price for July de­liv­ery.

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