Oman oil price crosses $127 a barrel

Muscat: Oman oil price has exceeded USD127 on Wednesday.

According to Oman News Agency (ONA), the official price of Oman oil on Dubai Mercantile Exchange (DME) for May 2022 delivery reached $127.71.

Today, the price witnessed an increase of $4.78 compared to Tuesday's price of $122.93 on the DME.