Economy
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 beyond the US$85 per barrel mark, registering an increment of US$1.6 today [January 18, 2022].
This puts Oman’s oil price at the Dubai Mercantile Exchange (DME) at US$86.7 per barrel.
The increment further stabilises the average price of Oman oil for January Delivery 2022 at US$80.26, which is marginally lower by US$1.32 US per barrel than December Delivery 2021.
Source: DME
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain1 month ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance3 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
OER Magazines1 month ago
OER, June 25