MUSCAT : Oman’s official oil price soared to USD 84.54 per barrel for March delivery, surging by USD 2.30 compared to yesterday’s rate of USD 82.24. Analysts cite robust global demand and improved market sentiment as key factors driving the sudden jump.
Meanwhile, the monthly average price of Omani crude for January delivery settled at USD 72.46 per barrel, reflecting a decrease of USD 2.36 from December’s rate.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- His Majesty Sultan Haitham returns home after state visits to China, Brunei
- Oman’s digital economy contributes 9% to GDP as investments reach RO 1.3 billion in 2025
- Muscat Municipality announces traffic diversion on Al Khuwair service road from November 4
- Oman clarifies expat recruitment rules after agency talks
- Oman police arrest two over vehicle theft, number plate tampering and resisting officers in Seeb
