Oman Crude oil price breaches $70 mark
Listing Began: Apr 21, 2018
Muscat: The price of Omani oil has crossed $70 per barrel for the first time in three years. According to the Dubai Mercantile Exchange (DME), the price of oil for Oman's June 2018 delivery rose to $70.83 per barrel compared to $68.89 the day before. The recorded rise was 1.94 dollars in a single day, leading to the largest price per barrel since the recent oil glut began in 2015.