The official price of Omani Crude for September delivery reached $89. 51 on Wednesday, an increase of $7.72 compared to yesterday’s price of $81.79 yesterday. It may be noted that the monthly average price of Omani Crude for July delivery reached $102. Oil rose in Asian trade Wednesday, with Brent crude hitting its highest price in more […]
Muscat: Oman crude surged by $2.34 to cross the $80 per barrel mark on Tuesday. It closed at $81.79 for September 2026 delivery. Oil prices lost more than 1% on Tuesday as markets weighed reports of mediation efforts between the U.S. and Iran against an exchange of fresh attacks between the two and threats of […]
The official price of Oman Crude for September delivery increased by $10.06 to $82.17 per barrel on Tuesday at the Gulf Mercantile Exchange (GME). Prompt Middle East spot crude prices rebounded to higher levels compared with future months as escalating attacks between the U.S. and Iran raised concerns about a disruption to oil exports and […]
Muscat: The GME Oman marker price for the August 2026 Oman Crude Oil Futures Contract fell to $72.99 per barrel on June 16, recording a decline of $3.94, as global oil prices slipped to fresh three-month lows amid easing supply concerns. The latest price marks a sharp retreat from the recent high seen in Oman […]
