Muscat: The official price of Oman crude oil for November delivery decreased by USD 2.38 to USD 119.30 per barrel on Thursday, compared to the previous day's price of USD 121.68.
According to Qatar News Agency, the monthly average price for Oman crude oil for September delivery was USD 76.36 per barrel. This marks a decrease of USD 2.73 from the August delivery price, indicating a trend in the reduction of oil prices over recent months.