Oman Oil Price Falls By $7.94
TDT | Manama
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The official price of Oman crude oil for November delivery fell by $7.94 on Thursday, reaching $124.15 per barrel, compared with $132.09 on Wednesday, according to data reported by Qatar News Agency.
The monthly average price of Oman crude for September delivery stood at $78.36 per barrel, down $2.73 from the August average.
Meanwhile, the price of Kuwaiti crude rose by $1.96, reaching $126.30 per barrel in Wednesday's trading, compared with $124.34 the previous day.
In global markets, oil prices moved lower. Brent crude futures fell $2.92 to $105.83 per barrel, while US West Texas Intermediate (WTI) futures declined $3.40 to $102.43 per barrel.
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