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Oman oil down $0.12 pb

Oman oil down $0.12 pb
Photo Credit: Arabianeye-Reuters

Mubasher: The price of Oman oil futures for May delivery decreased by 12 cents per barrel, according to data of the Dubai Mercantile Exchange (DME).

Data showed that Omani crude oil registered $50.07 per barrel (pb) on Tuesday, compared to $50.19 pb on Monday.

It is worth noting that prices for June delivery also declined by $0.17 to $50.24 pb down from $50.41 pb on Monday.