oil | Omanet

Stocks dipped and oil prices steadied after a turbulent week of attacks on Gulf energy infrastructure, sparking fears of an

MUSCAT: Oman crude oil prices have surged to record highs, driven by geopolitical tensions and escalating US-Israeli conflict with Iran.

Muscat: The Oman crude for May traded at $147.79, rising by $3.43 since Friday. Global prices exceeded $100 a barrel

Omani crude surged past the $100 mark, closing at $100.31, up $5.84 from the previous day. The average price for

Several tanker owners and oil majors have suspended shipments via the Strait of Hormuz following US and Israeli attacks on

Global markets face high risk as US forces begin major combat operations against Iran, escalating tensions near vital energy routes.

MUSCAT, FEB 27: OQ Exploration & Production SAOG, with 14 upstream assets in Oman, is set to strengthen its oil

MUSCAT: The first of three new development wells targeting the Yumna Field in Oman will begin drilling next month. Masirah

In 2024, Oman saw a modest decline in crude oil production by 5.4% to 992.6k barrels/day, while natural gas output

Occidental (Oxy) has announced a significant hydrocarbon discovery in north Oman, currently undergoing production testing. The "North Oman Gas &

Blog