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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman crude nears $85 per barrel

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Muscat - The price of Oman oil for March delivery was $84.94 on Monday.


Oman crude rose by $1.16, compared to last Friday's price of $83. 78.


Oil prices rose on Monday, with Brent futures touching their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with global demand unperturbed by the Omicron coronavirus variant.


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