Muscat: According to official figures, the price of Oman crude oil for July delivery reached $103.49 per barrel on Thursday, marking a significant increase of $11.10 compared to Wednesday’s price of $92.39 per barrel.
The latest rise reflects ongoing movements in international oil markets, with crude prices witnessing renewed momentum after recent volatility.
Meanwhile, the monthly average price of Omani crude oil for May delivery stood at $124.05 per barrel. This represents an increase of $55.90 compared to the average price recorded for April delivery.
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