Crude price at $71.80 a barrel

Oman oil price for October delivery on Tuesday reached $71.80, comprising a decline by $1.42, compared to the price of Monday which stood at $73.22. The average price of Oman oil for August delivery has stabilised at $71.66, thus $5.26 per barrel higher than July delivery. Meanwhile, Brent crude was up 33 cents in London at $73.28 per barrel. US crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.