Muscat: The official price of Oman crude oil for August delivery reached USD 63.73 per barrel on Thursday. This represents a decrease of USD 2.36 compared to Wednesday's price of USD 66.9 per barrel.

According to Qatar News Agency, the monthly average price for Oman crude oil for June delivery stood at USD 104.73 per barrel, marking a drop of USD 19.32 from the May delivery price.