Mubasher: The price of Oman oil for March delivery decreased by 26 cents per barrel, according to the Dubai Mercantile Exchange.
Omani crude reached $55.04 per barrel (pb) on Tuesday, the first trade day of 2017, compared to $54.78 pb on Thursday.
Prices for April delivery rose 19 cents to $55.14 pb from $54.95 pb, while the last prices for February delivery registered $54.24 pb.
