Crude prices at $54.73 a bar­rel

Oman Daily Observer - - FRONT PAGE -

MUS­CAT: Dubai Mer­can­tile Ex­change (DME) said that Oman oil price for April de­liv­ery reached $54.73. The DME state­ment said that the price of Oman oil rose 17 cents from the price of Wednesday, which was $54.56. The av­er­age price of Oman oil for February de­liv­ery has sta­bilised at $65.49, thus $2.68 per bar­rel higher than Jan­uary de­liv­ery. Ral­ly­ing oil prices stalled, with Brent crude down at $55.38 per bar­rel, 15 per cent be­low where it was be­fore the coro­n­avirus out­break.

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