Muscat: The official price of Oman crude oil for July delivery stood at $104.64 per barrel on Wednesday. The price of Oman crude experienced a slight decrease, falling by $0.10 compared to the previous day's price of $104.74 per barrel.

According to Qatar News Agency, the monthly average price of Omani crude oil for May delivery reached $124.05 per barrel, marking a significant increase of $55.90 compared to the April delivery price. This fluctuation in prices highlights the volatility of the crude oil market and its impact on Oman's economy.