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Oman Oil Price Falls by US$4.16

Muscat: The official price of Oman crude oil for June delivery reached US$102.37 per barrel today. This represents a decrease of US$4.16 compared to last Friday’s price of US$106.53 per barrel.

According to Oman News Agency, the monthly average pric…

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Oil Extends Gains as US-Iran Peace Talks Falter

Muscat: Oil prices continued to climb today, rising about 2 percent as peace negotiations between the United States and Iran stalled and constrained maritime traffic kept global supplies under pressure: Brent crude futures advanced $2.16, or 2.05 perc…

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