Oman Oil Price Declines 1.01 US Dollars

Oman Oil Price Declines 1.01 US Dollars

Muscat: Oman oil price for April delivery in 2026 has reached 66.77 US Dollars, marking a decline of 1.01 US Dollars compared to last Friday's price of 67.78 US Dollars. This adjustment reflects changes in the global oil market and its impact on Oman's economy. According to Oman News Agency, the average price of Oman oil for February delivery in 2026 stabilized at 62.09 US Dollars per barrel. This price is 2.35 US Dollars per barrel lower than the January delivery in 2026, indicating a downward trend in oil prices during this period. The price fluctuations are being closely monitored as they affect revenue projections and economic planning in Oman.