Muscat: The official price of Oman crude oil for October delivery settled today at USD 78.26 per barrel.
The price of Oman oil recorded a decrease of USD 0.54 today.
It is worth noting that the monthly average price of Oman crude oil for August delivery stood at USD 79.09 per barrel, declining by USD 22.91 from the July delivery price.
Brent crude futures sank $4.50, more than 5%, to $83.40 a barrel after U.S. President Donald Trump said talks with Iran will happen on Monday. He had earlier called off an attack on Iran to pursue a deal to reopen the Strait of Hormuz.
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