Oman’s crude oil production touches 679334 barrels in May – Times of Oman

Oman’s crude oil production touches 679334 barrels in May – Times of Oman

Oil prices for all reference crude oil grades around the world have experienced a bullish trend during the trading days of May 2020 - for July 2020 delivery- compared with the trading of April 2020.. The average price of Oman's Crude Oil futures contract at the Dubai Mercantile Exchange similarly increased by 42.4 per cent compared with the previous month.. Crude oil prices experienced an optimistic view during the trading of May 2020 due to several factors, which had a direct and positive impact on prices..