Muscat: The price of Oman oil for May 2026 delivery climbed to USD 118.85 on Wednesday, marking an increase of 3.88 cents over Tuesday's price of USD 114.85.

According to Qatar News Agency, the average monthly price of Omani oil for March 2026 delivery was recorded at USD 62.17 per barrel. This reflects an increase of 0.08 cents compared to the February 2026 delivery price.