Energy
Oman Oil Price Rises By US$3.50 To Hit US$115.6 Per Barrel
Oil prices in the Sultanate have risen by US$3.5 per barrel to peak at US$115.6 per barrel as per a statement revealed by the Oman News Agency.
The prices have been determined for August 2022 delivery and were pegged higher than the US$112.1 per barrel that crude oil traded last Friday.
This brings the average price of Oman oil for June 2022 delivery to a stable US$102.40 per barrel, which is still US$8.56 per barrel lower than the May 2022 delivery.
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