Oman crude price jumps 3.7%

Muscat Daily - - BUSINESS -

Oman crude price surged by 3.7 per cent on Wed­nes­day to reach US$49.13 per bar­rel at Dubai Mer­can­tile Ex­change (DME). Ac­cord­ing to a DME state­ment, Oman crude price closed US$1.77 higher on Wed­nes­day com­pared with US$47.36 per bar­rel on Tues­day.

Brent crude for Septem­ber set­tle­ment climbed as much as 62 cents, or 1.2 per cent, to US$50.82 a bar­rel on the Lon­don-based ICE Fu­tures Europe ex­change, af­ter adding 3.3 per cent on Tues­day.

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