Post by : Shweta
Oman Crude Oil Price Records a Decline
Muscat, October 9, 2026: The official price of Omani crude oil for delivery in December reached US$108.36 per barrel on Friday, according to the Oman News Agency (ONA). The latest figure reflects a decline in the benchmark price compared with the previous day's reported level.
Price Drops by US$2.64
Omani crude oil recorded a decrease of US$2.64 per barrel compared with Thursday's price of US$111. The movement marks a daily fall in the official price for December delivery. The figures reflect the reported change in Oman's crude oil pricing benchmark.
Read more : Trump Says US Is Holding Productive Talks With Iran
December Delivery Price at US$108.36
The official price announced on October 9 applies to Omani crude oil scheduled for delivery in December. Oil prices can change from day to day as market conditions shift, although the ONA report does not specify the reasons behind this particular decline.
October Monthly Average Reaches US$87.84
The monthly average price of Omani crude oil for delivery in October stood at US$87.84 per barrel, according to the report. This average provides a separate reference point from the daily price announced for December delivery.
Monthly Average Rises by US$11.48
The October monthly average was reported to be US$11.48 per barrel higher than the comparison price mentioned by ONA. However, the supplied report ends before identifying the delivery period for that comparison price, so no further details can be confirmed from the available text.
What the Latest Figures Show
The latest announcement highlights two different price measures: the official price for December delivery and the monthly average for October delivery. The December delivery price stood at US$108.36 per barrel after a daily decline, while the October monthly average was reported at US$87.84 per barrel.
English
