Muscat: Oil prices declined today, after gains in previous sessions, amid investors monitoring developments in global markets. Brent crude futures fell 67 cents, or 0.69%, to $97.14 per barrel, while US West Texas Intermediate (WTI) crude dropped 62 cents, or 0.65%, to $95.40 per barrel.
According to Oman News Agency, the decline in oil prices comes as investors are closely watching the developments in global markets. The recent drop follows a period of gains, prompting market participants to adjust their positions accordingly. The fluctuations in oil prices reflect the ongoing uncertainties and dynamics within the global financial landscape.