Mubasher: The price of Oman oil futures for July delivery increased by 15 cents per barrel today, according to the data of the Dubai Mercantile Exchange (DME).

Data showed that Omani crude oil registered $50.74 per barrel (pb) on Tuesday, compared to $50.59 pb on Monday.

It is worth noting that prices for August delivery declined by 86 cents to $50.58 pb down from to its previous level yesterday at $51.71pb.