Muscat, Dubai Mercantile Exchange (DME) said that Oman oil price (May Delivery 2020) reached 31.38 US Dollars.

The DME statement said that the price of Oman oil today declined 3.41 US Dollars from the price of last "Friday," which was 34.79 US Dollars.

The average price of Oman oil (March Delivery 2020) has stabilized at 64.89 US Dollars, thus 60 cents per barrel lower than February Delivery 2020.

Source: Oman News Agency