Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (December Delivery 2020) reached US$40.87.
The DME statement said that the price of Oman oil on Tuesday rose by US$1.20 from the price of Monday, which was US$39.67.
The average price of Oman oil (October Delivery 2020) has stabilised at US$44.32, thus 70 cents per barrel higher than September Delivery 2020.