crude oil | Omanet

Spot premiums for US West Texas Intermediate crude have surged to record highs as Asian and European refiners compete for

Oil prices fell for a second day as easing US-Iran tensions and a stronger US dollar weighed on the market.

Oil prices dipped from a seven-week high as investors took profits after US stocks fell and slower winter demand loomed.

Uncertainty loomed over the decision of Saudi Arabia, Russia, and six other OPEC+ members regarding crude output in their upcoming

Oman oil's official price for October delivery reached $67.98, down 53 cents from last week's $68.51. The August average was

Oman oil for September delivery reached $75.84, increasing by $2.84 from Tuesday. The July average price was $63.62, a $4.25

Oman's total oil exports by the end of May 2025 reached approximately 126 million barrels, a 2.3% decrease from 2024.

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