Muscat: The official price of Oman oil for January delivery settled at $70.72 per barrel today, marking a 70-cent decline from yesterday’s rate of $71.42.
This dip reflects a continuing downward trend in crude oil prices. The monthly average price of Omani crude for November delivery was recorded at $73 and 49 cents per barrel, a notable drop of $4 and 5 cents compared to the October delivery average.
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