Oil & Gas
DME Oman crude up over 100% since production cuts implemented
Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other major producers were implemented in time for May loading schedules.
Front-month July DME Oman Marker Price on Friday was $34.95/b, up $18.13/b from the record low of $16.82/b on April 28 – an increase of 108%.
The Marker Price is used by Middle East producers, which include Saudi Arabia, Kuwait, Bahrain, Oman and Dubai in calculating the Official Selling Price (OSP).
Middle East prices have also risen faster than those in Europe, with DME Oman trading at nearly $3/b over the Brent North Sea benchmark on Friday.
AP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
His Majesty the Sultan visits Petroleum Development Oman and inaugurates the ‘Bait Al-Haitham’ Integrated Operations Center
Oman, India Discuss Procedural and Technical Aspects of Activating Free Trade Agreement
Tariq Atiq Appointed as CEO of Bank Nizwa
What Is Musstir Heights, Oman’s RO300mn Mountain Destination?
Oman Real Estate, Design & Build Exhibition-Conference 2026 Gets Underway
Oman to Build EV & Battery Cell Plant in Duqm
Non-Oil Sector Drives GCC Growth as Diversification Momentum Strengthens in Q3 2025
OER Magazine April 2026 Issue
ahlibank Reports Solid Q1 2026 Performance, Reinforcing Growth Momentum & Strategic Focus
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Hospitality Industry in Oman Estimated 90% Growth in 2022
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
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
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
-
Economy4 weeks agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
OER Magazines1 month agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Magazines3 weeks agoOER Magazine April 2026 Issue
-
Oman4 weeks agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Economy2 months agoOPINION: War, Climate, and the Costs We Choose Not to See
-
News2 months agoHussain Al Maimani Joins MHD Infotech as Senior General Manager
-
Lifestyle3 weeks agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
Economy4 weeks agoElectricity Tariffs Reduced for Residential Use – What It Means for You