Mubasher: The price of Oman oil futures for May delivery increased by 38 cents per barrel, according to the data of the Dubai Mercantile Exchange (DME).
Data showed that Omani crude oil registered $49.89 per barrel (pb) on Tuesday, compared to $49.51 pb on Monday.
It is worth noting that prices for June delivery went up 33 cents to $49.92pb, compared to the prices recorded on Monday, which stood at $49.59.