Muscat: The official price of Oman crude oil for November delivery settled at $112.41 per barrel today, marking a significant decrease of $6.57 compared to Friday's price of $118.98.
According to Qatar News Agency, this adjustment follows a period of higher valuations, though the broader monthly averages show varying trends. Data indicates that the average monthly price for Oman crude scheduled for September delivery stood at $76.36 per barrel, which was down by $2.73 compared to the August delivery price.