Impact of Suspended Shipments via Hormuz: What Oil and Gas Traders Need to Know for Business Stability in Oman
Several tanker owners and oil majors have suspended shipments via the Strait of Hormuz following US and Israeli attacks on
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Several tanker owners and oil majors have suspended shipments via the Strait of Hormuz following US and Israeli attacks on
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Global markets face high risk as US forces begin major combat operations against Iran, escalating tensions near vital energy routes.
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MUSCAT, FEB 27: OQ Exploration & Production SAOG, with 14 upstream assets in Oman, is set to strengthen its oil
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MUSCAT: The first of three new development wells targeting the Yumna Field in Oman will begin drilling next month. Masirah
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In 2024, Oman saw a modest decline in crude oil production by 5.4% to 992.6k barrels/day, while natural gas output
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Occidental (Oxy) has announced a significant hydrocarbon discovery in north Oman, currently undergoing production testing. The "North Oman Gas &
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Oil prices steadied Thursday, with Brent crude at $67.10 and WTI at $64.55, after Putin's upcoming meeting with Trump raised
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Oman's refinery production saw a modest rise of 1.3% by May 2025, with motor fuel output increasing 10.7%. Regular fuel
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Oman’s oil and gas production remained steady in 2024, with crude oil reserves at 4.825 billion barrels and natural gas
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Oman's crude oil and condensate reserves were about 4.825 billion barrels at the end of 2024, a 2.8% decrease from
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