Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (February Delivery 2020) reached US$51.06.
The DME statement said that the price of Oman oil on Thursday declined by one cent from the price of Wednesday, which was at US$51.07.
The average price of Oman oil (January Delivery 2021) has stabilised at US$43.83, thus US$2.72 per barrel higher than December Delivery 2020.