MUSCAT : The official price of Oman oil for January delivery has climbed to $74.05 per barrel, reflecting a 63-cent increase from the previous day.
This increase of 63 cents from Monday’s closing price of $73.42 demonstrates a renewed confidence in the oil sector.
However, despite the daily gains, the monthly average price of Omani crude oil for November stands at $73.49 per barrel. This figure represents a decrease of $4.05 compared to October’s average.
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