Oman oil price rises by $16.02

Muscat: The official price of Oman Crude for May delivery settled on Thursday at $134.75 per barrel.

This represents a rise of $16.02 compared to Wednesday closing price of $118.74.

It is noteworthy that the monthly average price of Omani crude for March delivery 2026 stood at $62.17 per barrel, reflecting a marginal gain of 8 cents compared to the February delivery price.