Muscat: Oman oil price for January delivery 2025 today fell to 73.54 US Dollars, marking a decrease of 53 cents compared to last Friday's price of 74.07 US Dollars. This recent adjustment reflects ongoing fluctuations in the global oil market. According to Oman News Agency, the average price of Oman oil for November delivery 2024 has stabilized at 73.49 US Dollars per barrel. This price is 4.05 US Dollars per barrel lower than the October delivery 2024, indicating a significant decrease over the past month.
Related Articles
Nama Signs Agreement for Oman’s First Utility-Scale Solar, Battery Storage Project
Muscat: Nama Power and Water Procurement (PWP) has signed an agreement for the development of the Sultanate of Oman’s first utility-scale solar and battery storage project. The project will be developed by a consortium that includes Abu Dhabi Future E…
Gold Rises After Weak US Data
Muscat: Gold edged higher today, supported by a weaker dollar after mild US inflation data cemented bets for an interest rate cut in September. Spot gold was up 0.2% at $3,351.46 per ounce, and US gold futures for December delivery were steady at $3,3…
Hydrom Announces New Incentives to Ensure Delivery-Readiness of Green Hydrogen Projects
Muscat: Hydrom has announced new fiscal incentives designed to enhance the commercial viability of projects that will be awarded through the ongoing third green hydrogen auction round. The measures represent a targeted response to a market sounding ex…
