Muscat: The official price of Oman crude oil for July delivery has reached USD 101 per barrel on Monday. This marks an increase of USD 3.94 compared to last Friday's price, which was USD 97.06 per barrel.

According to Qatar News Agency, the monthly average price for Oman crude oil for May delivery stood at USD 124.05 per barrel. This represents a notable rise of USD 55.90 from the April delivery price.