Oman Crude Surges to USD 124.68 per Barrel for May Delivery

crude oil
crude oil

Oman Crude Price Jumps by USD 24.37 to Reach USD 124.68

Muscat:  The official price of Oman Crude Oil for May delivery 2026 settled today at USD 124.68 per barrel, marking a sharp increase of USD 24.37 compared to the previous closing price of USD 100.31 recorded last Friday.

Meanwhile, the monthly average price of Omani crude for March delivery 2026 stood at USD 62.17 per barrel, reflecting a slight rise of 8 cents compared to the average price for February delivery.

Oman crude is a key benchmark for oil exports from the Oman and the wider region, and its official selling price is closely monitored by global energy markets.

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