Oil prices extended a strong rally with the official price of Oman crude for October delivery settling $8.13 higher at $89.12 per barrel on Tuesday compared to the price of on Monday which stood at $80.99 per barrel.

The total output of refineries in the Sultanate of Oman until the end of June 2026 amounted to approximately 108.84 million barrels, a decrease of 5.1 percent compared to the same…

Aug 11 : Oil prices pared gains on Tuesday after hitting their highest for more than a week as signs of progress in talks between Oman and Iran over shipping through the Strait of…