Mubasher: The price of Oman crude oil, for June delivery, increased by $1.35 to settle at $54.49 per barrel on Friday as compared to $53.14 on Thursday, according to the latest data issued by Dubai Mercantile Exchange (DME).

It is worth highlighting that Oman’s crude oil, for April delivery, gained $1.19 to reach $55.12 a barrel.

At the global level, Brent crude oil rose by 0.56% to settle at $55.19 per barrel on Friday, by 14:12 GMT.