Muscat: Oman oil price (March Delivery 2022) today reached 89.08 US Dollars, comprising an increase by 1.78 US Dollar from the price of yesterday (Wednesday), which was 87.30 US Dollars. The average price of Oman oil (January Delivery 2022) has stabilized at 80.26 US Dollars, thus 1.32 US Dollar per barrel lower than December Delivery 2021.
Meanwhile, global oil prices eased but remained elevated near $90 per barrel, a level last seen in October 2014, on the festering tension between Russia and Ukraine.
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