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OPEC+ Agrees On Increasing Oil Production By 100,000 Barrels In September

The energy ministers of the Organisation of Petroleum Exporting Countries (OPEC) and their independent partners – the 'OPEC+' group – decided to increase crude...
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REPORT: Oil Prices Rise Globally On Account Of Lower US Inventories

Oil prices globally rose by more than US$1 per barrel today, extending gains from the previous trading sessions following a bullish trend among investors,...
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Oman Oil Price Rises By US$3.50 To Hit US$115.6 Per Barrel

Oil prices in the Sultanate have risen by US$3.5 per barrel to peak at US$115.6 per barrel as per a statement revealed by the...
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Oman Crude Oil Price Rises By 85 Cents To Touch US$102.03

The price of Oman crude oil inched up by 85 cents on Monday for June 2022 Delivery to touch US$102.03 per barrel. This marked...
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Oman Oil Barrel Average Price Rises To US$67.9 Till End Of August 2021

Muscat: The Sultanate's oil production stood at 232,942,500 barrels till the end of August 2021, compared to 233,575,200 barrels till the end of August...
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Oman Oil Prices Fall By 89 Cents

Muscat: Oman oil price (November Delivery 2021) today reached 72.54 US Dollars, comprising a decrease by 89 cents from the price of last (Friday),...
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Oman Oil Price Rises 2.70 US Dollars

Muscat: Oman oil price (October Delivery 2021) today reached 68.80 US Dollars, comprising a rise by 2.70 Dollars compared to the price of yesterday...
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Oil Slumps To Lowest Since May After Fed Signals Taper This Year

Oil slumped below $65 a barrel to the lowest level since May as the US Federal Reserve signaled it was set to start tapering...
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Oman’s Crude Oil Benchmark Rebounds 300% Post Onset of Pandemic

Muscat: Oman’s crude oil benchmark, better known as Oman Crude Futures Contract, has registered a remarkable recovery and posted a growth of by 300%...
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Oman Oil Price Declines 2.22 US Dollars

Muscat: Oman oil price (July Delivery 2021) today reached 66.21 US Dollars, comprising a decline by 2.22 US Dollars from the price of yesterday...
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