Mubasher: The price of Oman oil futures for July delivery decreased by 77 cents today, according to the data of the Dubai Mercantile Exchange (DME).
Data showed that Omani crude oil registered $49.97 per barrel (pb) on Wednesday, compared to $50.59 pb on Tuesday.
Meanwhile, prices for August delivery declined by 59 cents to $50.26pb down from to its previous level yesterday at $50.85 pb.