Oman crude oil prices see jump

19 Feb 2020
POSTED BY Alvin Thomas

The Dubai Mercantile Exchange (DME) said on Wednesday [February 19] that the price of Omani oil (April 2020 delivery) had jumped up by one US Dollar and 26 Cents.

Omani oil was being traded at US$57.05 today, when compared with the US$55.79 it was being traded at yesterday [February 18].

The DME also noted that the average price of Omani oil (for March 2020 delivery) had reached US$64.89 per barrel, which was down by 60 Cents compared to the price of February 2020 delivery.

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