Mubasher: The price of Oman oil for April delivery decreased by $1.1 cents per barrel, according to the Dubai Mercantile Exchange (DME).
Omani crude reached $53.65 per barrel (pb) on Wednesday, compared to $54.766 pb on Tuesday.
Prices for May delivery also declined by $1.1 to $53.9 pb compared to its previous levels at $55.01 pb.