Mubasher: The price of Oman oil futures for May delivery decreased by 21 cents per barrel, according to the data of the Dubai Mercantile Exchange (DME).

Data showed that Omani crude oil registered $50.42 per barrel (pb) on Monday, compared to $50.63 pb on Friday.

It is worth noting that the prices for April delivery went up $1.19 to $55.12pb, compared to the prices of March.