Day: August 5, 2024

Oman Oil Prices Down by 5.87 Percent

The official price of Omani oil, for delivery in October, reached on Monday USD 74.55 per barrel, a decrease of USD 4.65 (5.78 percent) compared with Friday’s price, which was USD 79.20 per barrel.

It is noteworthy that the monthly

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Oil at 8-Month Low on Recession Fears

Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.

Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel,

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