Mubasher: The futures of Oman's oil price for December’s delivery fell 58 cents to $49.67 per barrel compared with $50.25 on Friday, according Oman News Agency (ONA).
Meanwhile, the average price of Oman oil of October’s delivery stood at $44.02 a barrel, rising 62 cents higher than September’s delivery.
Oil prices retreated on Monday’s trading amid concerns about a supply glut after the announcement of the number of the US oil rigs.
