Economy
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 US$1.37 per barrel increase in oil prices even as oil prices dipped marginally in other markets. On Wednesday, August 10, Omani crude traded for US$95.84 per barrel.
As per the DME, this has stabilised the monthly average of Omani crude for August 2022 delivery at US$112.93 per barrel, which is a US$5.71 per barrel increase compared with the delivery prices in July 2022.
-
Oil & Gas1 month ago
Oman Oil Exports Exceed 135.3m Barrels by End of June 2024
-
Energy2 months ago
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
-
Hospitality2 months ago
OMRAN Group Achieves RO31.6M Net Profit, 44.6% Revenue Growth
-
Energy2 months ago
Oil Futures Rebounds Over US$1 After 7-Week Low
-
Leaders Speak2 months ago
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
-
Interviews2 months ago
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
-
Automotive2 months ago
Nissan Appoints Al Hashar Automotive as the Authorised Official Distributor in Oman
-
Technology2 months ago
Celebrating Infoline’s Remarkable 20-Year Journey