News
REPORT: Oman Crude Oil Prices Hit 12-Month High At US$64.88

Muscat: The price of Oman oil has exceeded the US$64 mark per barrel after a 12-month gap, the Dubai Mercantile Exchange (DME) has revealed.
Clocking in at US$64.88, DME revealed that the price increase for delivery next April was a US$1.55 increase from the previous day’s [Wednesday, 24th February] trading price.
A statement issued by the Oman News Agency read: “The official price of Oman oil on Dubai Mercantile Exchange (DME), for delivery next April reached 64.88 US dollars today.”
The average price of Oman oil (March Delivery 2021) has stabilized at 54.78 US Dollars, thus 4.79 US Dollars per barrel higher than February Delivery 2021.
-
Banking & Finance1 week ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Renewables2 months ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Bahrain1 week ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, May 25
-
OER Magazines1 month ago
OER, May 2025
-
Leaders Speak2 months ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Business2 months ago
St. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Banking & Finance2 months ago
Alizz Islamic Bank Partners with Al Tawasul Institute for Specialised Training Programme to Empower Job Seekers with Hearing Impairments