The official price of Oman crude oil for delivery in November 2022 touched US$92.60 per barrel today in a marginal rebound after witnessing a sharp drop last week.

This comes following an increase of US$2.23 per barrel today [September 20] over the US$90.37 per barrel price from yesterday.

The increment brings the monthly average price of Omani crude oil for delivery in September 2022 to US$103.21 per barrel, which is US$9.72 lower than the noted average price for delivery in August.