Mubasher: The price of Oman oil for March delivery decreased by 58 cents per barrel, according to the data of the Dubai Mercantile Exchange (DME).
Omani crude reached $54.46 per barrel (pb) on Wednesday compared to $55.04 pb on Tuesday, the first trade day of 2017.
Prices for April delivery declined by 48 cents to $54.66 pb from $55.14 pb, while the last prices for February delivery registered $54.24 pb.
