Muscat: The official price of Oman crude oil for July delivery reached USD 103.49 a barrel on Friday. The price of Oman crude decreased by USD 6.17 compared with Thursday's price of USD 103.49 a barrel.

According to Qatar News Agency, the monthly average price of Omani crude oil for May delivery stood at USD 124.05 a barrel, which was an increase of USD 55.90 from the price for April delivery. This fluctuation in prices reflects the ongoing volatility in the international oil markets.