MUSCAT: Crude prices rose after oil producing countries — OPEC and Russia reached a deal to make the biggest production cuts on record.
According to reports, the official price of Oman crude oil on the Dubai Energy Exchange reached $25.05 per barrel on Monday.
This rise comes after oil producing nations OPEC and Russia agreed to slash their output by nearly 10 million barrels per day to prop up prices after a slump in demand.
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