Oil & Gas
DME August Oman Crude trades above $40 per barrel, first time in three months
Benchmark Oman crude oil trading on the Dubai Mercantile Exchange traded above $40 per barrel Monday for the first time in almost three months, making it the first internationally traded crude oil futures contract to break the $40/b mark since the oil price recovery started early May.
Front-month August DME Oman traded at a high of $40.09/b, up $0.30/b from Friday’s settlement price of $39.79/b. Oman last traded above $40/b on March 6 of this year.
The DME Marker Price for Monday was set earlier in the day at $39.62/b. The Marker Price is used by Middle East producers Saudi Arabia, Kuwait, Bahrain, Oman and Dubai in calculating the monthly Official Selling Price (OSP).
Middle East prices have recovered faster than those in Europe, with DME Oman trading at around $2/b over the Brent North Sea benchmark on Monday.
Oman Signs Historic Agreement to Establish World’s First Liquid Hydrogen Corridor to Europe
Liva Insurance Drives the Message of Road Safety at the Royal Air Force of Oman’s Traffic Awareness Day
Investments Reach RO21B in OPAZ Zones
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks
BPCL & Sembcorp Sign JV Agreement To Boost Green Hydrogen Transition And Renewable Energy In India
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
Sohar International Bank SAOG Announces Intention to Merge with Ahli Bank SAOG
Can Oman Emerge as a Strategic Trade Hub Amid U.S. Tariff Changes?
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
HH Sayyid Theyazin Inaugurates Oman’s Pavilion at Expo 2025 Osaka, Japan
Power And Beyond: The Path To A Low-carbon Future
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Al Mouj Muscat unveils Ghadeer Villas
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
OQ Gas Networks S.A.O.G Announces Intention To Float on the Muscat Stock Exchange
-
News2 months agoOffer Price, Overview, Investors: Here’s Everything You Need to Know About Asyad Shipping’s Mega IPO
-
OER Magazines2 months agoOER, February 25
-
Alamaliktistaad Magazines2 months agoAl-iktisaad, February 2025
-
Energy2 months agoDubai Supreme Council of Energy Unveils 5th Emirates Energy Award 2023–2025 in Muscat
-
Banking & Finance2 months agoAlizz Islamic Bank Partners with Visa to Launch Premium Shari’a-Compliant Card Solutions
-
Banking & Finance2 months agoSohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
News2 months agoShell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
Energy2 months agoOman Gets Its First Hydrogen Refueling Station