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Energy and Power

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Oman’s crude oil prices fall in Dubai Mercantile Exchange

Published On 06 Jan 2020 03:14 AM


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Oman crude oil fell by $6 per barrel or a loss of 9 per cent as compared to 2018’s $ 69.94 per barrel. The average price for 2019 came to be $63.96 per barrel.

On an average, Oman had averaged for the past decade at $77.70 per barrel. The average selling price for the crude oil in 2000s was $46.94 /b and the price in 1990s was $17.72/b. First half of 2019 saw a slump in prices, fortunately year-end prices managed to recover. Th....


Tags : Oman crude oil, Dubai , Mercantile ,
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