Mubasher: The price of Oman oil futures for May delivery decreased by 51 cents per barrel, according to data of the Dubai Mercantile Exchange (DME).

Data showed that Omani crude oil registered $50.63 per barrel (pb) on Friday, compared to $51.14 pb on Thursday.

It is worth noting that prices for April delivery increased by $1.19 to $55.12 pb.