MUSCAT : The official selling price of Omani crude oil for August delivery climbed by $1.55 to settle at $64.06 on Monday, offering a modest recovery after recent downward trends.
The average price for June delivery stood at $67.87 per barrel — a decline of $4.64 compared to May delivery prices, highlighting fluctuations in global demand and supply pressures.
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
- Oman’s standard government contracts initiative aims to boost public spending efficiency
- World Bank forecasts 23% rise in global commodity prices in 2026
- Oman signs 28 investment deals worth more than RO 304 million
- Gold prices edge higher as markets await US Federal Reserve decision
- Bank Muscat showcases its banking solutions at “Happy City Journey” as part of Urban October 2026
