Oman oil price falls

Muscat: The price of Oman oil has decreased, with prices for delivery by February 2022 reaching $70.15, said Dubai Mercantile Exchange (DME).

The DME statement said that the price of Oman oil fell by $3.09 from the price of Friday, which was $73.24.

The average price of Oman oil (December delivery 2021) has stabilised at $81.58, thus $8.80 per barrel higher than November delivery 2021.