Oman oil price declines by 59 cents

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (January Delivery 2020) reached US$44.28. 

The DME statement said that the price of Oman oil on Thursday declined by 59 cents, from the price of Wednesday, which was US$44.87.

The average price of Oman oil (November Delivery 2020) has stabilised at US$41.60, thus US$2.72 per barrel lower than October Delivery 2020.