Business

Inflation in Oman Rises by 3.8 Percent

Muscat: The General Consumer Price Index (CPI) in the Sultanate of Oman recorded an increase of 3.8 percent in May 2026 compared to the same month of 2025, based on the year 2018, according to data issued by the National Centre for Statistics and Info…

Business

Oman Crude Oil Price Drops by USD 4.06

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 76.93 per barrel today. This marks a decrease of USD 4.06 from last Friday’s price of USD 80.99.

According to Oman News Agency, the monthly average price for Oman cr…