Mubasher: The price of Oman oil futures for April delivery decreased by $1.02 per barrel, according to the Dubai Mercantile Exchange (DME).

Omani crude registered $54.27 per barrel (pb) on Friday, compared to $55.36 pb on Thursday.

It’s worth noting that prices for March delivery increased by around $1.21 to $53.93 pb compared to the prices of February.