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Oman Crude Oil Inches Towards US$90pb – But Why Are Prices Rising?

The price of Omani crude oil for December 2022 delivery hit US$89.76 per barrel, today , constituting an increase of US$4.02 per barrel from...
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Oman Crude Futures Up By US$1.37 Despite Global Dip In Prices

The official price of Oman oil for October 2022 delivery on the Dubai Mercantile Exchange (DME) reached US$97.21 per barrel today. This comes following a...
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Opec+ Plans To Increase Oil Production By 648K Barrels Per Day

Opec+ decided to keep its plan to increase production by 648,000 oil barrels per day during August 2022. This came during the organisation's meeting last...
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REPORT: Global Crude Oil Prices Could Decline As US, IEA Nations Release Stockpile

Global crude oil futures, including the WTI and Brent, may continue to drop this week after the US and International Energy Agency (IEA) countries...
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Oman Oil Marketing Company And Wakud Sign Agreement To Introduce Biodiesel In Oman

Muscat: Oman Oil Marketing Company (OOMCO) and Wakud International LLC (Wakud) have signed an agreement to introduce Biodiesel blends to Oman. The two companies...
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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 Price Jumps Past US$110 Mark As Global Prices Continue To Rise

Prices of Omani crude oil has jumped past the US$110 mark today after an increase of US$3.71 was marked from the price of...
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Upward Trend Continues As Oman Oil Price Rises By US$1.06

Oman oil is continuing to show signs of a strong comeback as the Dubai Mercantile Exchange (DME) pegged the prices at US$88.48 for March...
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Oman Oil Price Rises 1.71 USD

Muscat: Oman oil price (March Delivery 2022) today reached 86.94 US Dollars, comprising an increase by 1.71 US Dollars from the price of last...
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Oman Oil Pushes Past US$85 Mark To Hit US$86.7 Per Barrel

Following the global trend of rising oil prices and an increased demand following a late dip in December 2021, Oman's oil price has jumped...
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