Oman oil price rises $1.18 to reach $70.89 per barrel

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The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery

Staff Writer, Oman Daily Observer

July 9, 2025

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MUSCAT: The official price of Oman oil for September delivery reached $70.89 on Tuesday, July 8, 2025. The price of Oman oil yesterday increased by $1.18 compared to Monday's price of $69.71.

The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery.

Meanwhile, international oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest developments on US tariffs and a higher than expected increase to Opec+ output for August.

Brent crude futures fell 12 cents, or about 0.2%, to $69.54 a barrel by 1043 GMT. US West Texas Intermediate crude lost 25 cents, or about 0.4%, to $67.79. — Agencies

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