Muscat: Oil prices declined today after rising nearly 2% in the previous session. Brent crude futures dropped 21 cents at $69.37 a barrel, while US West Texas Intermediate crude fell 24 cents at $67.69 a barrel.
According to Oman News Agency, the decline in oil prices comes as markets adjust following the previous session’s increase. The fluctuations in crude futures reflect ongoing market dynamics as traders respond to shifting global economic indicators and supply-demand considerations. The recent decrease may signal a period of stabilization after the recent surge in prices.