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Upward Trend Continues As Oman Oil Price Rises By US$1.06

Oman oil is continuing to show signs of a strong comeback as the Dubai Mercantile Exchange (DME) pegged the prices at US$88.48 for March 2022 delivery today [January 31].

This is an increase of US$1.06 per barrel from the price last Friday when Oman oil prices topped off at US$87.42.

This also stabilises the average price of Oman oil for January 2022 delivery at US$80.26, which is lower by US$1.32 per barrel than December 2021 Delivery.

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