Oman Oil price surges to USD 124.6 a barrel

Muscat: The official price of Oman Crude for May delivery settled today at USD 124.68 per barrel.

This represents a substantial increase of USD 24.37 compared to last (Friday) closing price of USD 100.31.

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