Omani oil price sees upward trend for May delivery

MUSCAT : Omani oil prices surged today, with the official May delivery price reaching $72.14 per barrel, marking a $1.46 increase from Wednesday’s $70.68.

The rise comes amid fluctuating global energy markets, with traders closely watching supply dynamics and demand forecasts.
Meanwhile, Oman’s monthly average crude price for March delivery stood at $80.26 per barrel, reflecting a $7.10 increase from February’s price, signaling stronger momentum in recent months.

The Gulf Indians

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