Oman oil price declines by $2.38

The official Omani oil price for November delivery decreased by $2.38, reaching $119.30 per barrel, compared to $121.68 yesterday. The Omani oil price for September also recorded a monthly average of $76.36, down by $2.73 compared to August. This decline is due to the falling global oil prices, which impact the Sultanate's oil exports and revenues.