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The price of Oman Oil increased by $2.34 to reach $79.78 for October, up from yesterday's price of $77.44, reflecting a significant rise in global oil prices amid market anticipation of geopolitical developments in the Middle East. Meanwhile, the average monthly price for August decreased by $22.91 compared to July, reaching $79.09. The rise in oil prices continues amid ongoing regional tensions and investors' focus on geopolitical events that impact global energy markets.
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