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MUSCAT: The official price of Oman crude oil for August delivery rose by 35 cents on Tuesday to reach $91.76 per barrel, compared with Monday’s price of $91.41.The increase reflect...
MUSCAT: The official price of Oman crude oil for August delivery rose by $2.49 on Monday to reach $93.38 per barrel, compared with $90.89 recorded at the close of trading last Frid...
Dubai: Gulf Mercantile Exchange (GME) today announced the highest weekly trading volume in the history of the exchange, with more than 69052 contracts traded during the week of 11....
Muscat: The GME Oman marker price for the August 2026 Oman Crude Oil Futures Contract fell to $72.99 per barrel on June 16, recording a decline of $3.94, as global oil prices slipp...
The post Record Oman Trading Signals Global Shift appeared first on Shale Magazine.
Oman has ramped up domestic crude shipments to the 255,000 b/d Duqm refinery to replace baseload supplies from Kuwait trapped inside the Gul...
Chinese buyers shunned Omani crude when prices surged to a record high in March, resulting in a sharp drop in May liftings. A diverse range ...
MUSCAT: Oman’s crude oil exports increased by 2.7 per cent during the first four months of 2026, reaching 102.73 million barrels by the end of April, compared with 100.03 million b...
MUSCAT : The price of Oman oil fell by $2.04 on Thursday to reach $94.89 per barrel, compared with $96.93 per barrel in the previous trading session.Meanwhile, the average monthly...
Omani state upstream firm OQ Exploration and Production (OQEP) is expecting windfall revenues this quarter, thanks to record oil prices. Hig...
Muscat: According to official figures, the price of Oman crude oil for July delivery reached $103.49 per barrel on Thursday, marking a significant increase of $11.10 compared to We...
Muscat: Brent crude futures dropped by $1.52, or 1.53 percent, to $98.06 per barrel, while US West Texas Intermediate (WTI) crude futures declined by $1.90, or 2.02 percent, to $91...
MUSCAT – Preliminary statistics issued by the National Centre for Statistics and Information indicated that the average price of oil rose by 1.3 percent to reach USD 76.2 per barre...
MUSCAT: Oman’s refining sector delivered mixed results during the first four months of 2026, with stronger jet fuel output and petrochemical production offset by declines in gasoli...
MUSCAT, JUNE 8Oman will see its crude oil production increased by 5,000 barrels per day (bpd) in July 2026 under the latest output adjustment agreed by Opec+, lifting the Sultanate...
Brent crude futures rise 33 cents, or 0.35%, to $95.36 a barrel
Oman is forecast to record two years of surplus, according to the IMF. Muscat is ramping up oil production to record levels to capture windf...
Oman’s oil export terminal at Mina Al Fahal is loading as normal on June 5, after Reuters was told by three separate sources that the terminal had be...
Opec crude oil production rose to a three-month high of 19.28mn b/d in June (see table 1), bouncing back from the historic lows caused by t...
MUSCAT: Oman exported 11.9 million tonnes of liquefied natural gas in 2025, ranking as the world’s eighth-largest LNG supplier and accounting for 2.7 per cent of global trade, acco...
SideENGALURU: Oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, as improving supply conditions in the Middle East eased market conc...
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion....
SINGAPORE, Oil prices gained more than 1% on Thursday, paring previous losses as investors monitored peace talks between the United States and Iran, while supply tightness and U.S....
AL DUQM: Duqm Refinery delivered a strong operational and financial performance in 2025, reporting earnings before interest, taxes, depreciation and amortisation (EBITDA) of approx...
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