MUSCAT : The slight decline in oil prices comes amid ongoing fluctuations in global energy markets.
Data from the Dubai Mercantile Exchange shows that the monthly average price for Omani crude oil for May delivery stood at $72.51 per barrel. This figure represents a significant decline of $5.12 compared to April’s delivery average.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- ABM International School celebrates over a decade of National Academic Excellence
- Bank Muscat honoured for supporting Al Noor Association for the blind and empowering visually impaired persons
- Oil prices rise to $99 after attacks on Saudi Aramco facilities
- Bank Muscat and Meethaq Islamic Banking’s “Back to School” event draws strong family turnout at Muscat City Centre
- Oman’s trade surplus reaches RO 4.7 billion by end-June 2026
