Friday, May 15, 2026

Business News

Oman’s oil price jumps to $106.75 ahead of July delivery

The official price of Omani crude oil for delivery in July surged to $106.75 per barrel today.

TAS News Service

info@thearabianstories.com

Friday, May 15, 2026

Muscat: The latest price reflects a rise of $1.94 compared to yesterday’s rate of $104.81 per barrel, according to official figures.

Meanwhile, the monthly average price of Omani crude oil for delivery in May stood at $124.05 per barrel. This represents a significant increase of $55.90 compared to the average price recorded for April delivery.

Close