Mubasher: The price of Oman oil for June delivery fell 27 cents per barrel (pb), a statement by Dubai Mercantile Exchange (DME) said.
Oman’s oil for June delivery on Thursday dropped to $53.14 pb against $53.41 pb on Wednesday, the statement added.
Oman’s oil for July delivery on Thursday reached $53.29 pb against $53.53 on Wednesday, declining by 24 cents.
At 9:45am GMT, US Nymex Crude futures for May delivery rose 0.04% to reach $51.17 pb, gaining 2 cents pb.
Brent Crude for June delivery increased 0.11% reaching $54.42 pb, gaining 6 cents compared to its previous levels.
