Mubasher: The price of Oman oil futures for next June delivery declined by 20 cents per barrel, according to the data of the Dubai Mercantile Exchange (DME).

Data showed that Omani crude oil registered $54.29 per barrel (pb) on Monday, compared to $54.49 pb on Friday.

It is worth noting that prices for July delivery decreased by 25 cents to $54.39 pb compared to its levels on Friday at $54.64 pb.