Muscat: The official price of Oman crude oil for March delivery reached $62.44 per barrel on Friday.

According to Qatar News Agency, the price of Oman crude declined by 90 cents compared with yesterday's price of $63.34 per barrel. The monthly average price of Omani crude oil for January delivery stood at $64.44 per barrel, marking a decrease of 60 cents compared with the December delivery price.