Muscat: The price of Oman oil for May delivery reached USD 134.75 on Thursday, marking a rise of USD 16.02 over Wednesday's price, which was USD 118.74. This increase highlights fluctuations in the oil market as Oman continues to navigate the global energy landscape.
According to Qatar News Agency, the average monthly price of Omani oil for March 2026 delivery was USD 62.17 per barrel. This reflects a marginal increase of 0.08 cents compared to the price of February 2026 delivery. The trend in pricing indicates ongoing adjustments in the market, influencing Oman's economic strategy and planning.