Oman crude is a Middle Eastern export grade and regional pricing marker. The official annual series below shows the average Omani crude price in US dollars per barrel, while the benchmark notes explain what the series measures and how Oman differs from nearby grades.
Annual official observations provide a long view of the price received for Omani crude. They are annual values, not daily futures settlements or intraday quotes.
USD per barrel. Source: Oman Ministry of Energy and Minerals. Delay: 1 year ago
| Period | Oman · USD per barrel |
|---|---|
| 2025 | 71.04 |
| 2024 | 81.17 |
| 2023 | 82.32 |
| 2022 | 95.36 |
| 2021 | 64.29 |
| 2020 | 46.02 |
| 2019 | 63.58 |
| 2018 | 69.67 |
| 2017 | 51.30 |
| 2016 | 40.14 |
| 2015 | 56.45 |
| 2014 | 103.23 |
| 2013 | 105.51 |
| 2012 | 109.61 |
| 2011 | 102.95 |
| 2010 | 76.64 |
| 2009 | 56.67 |
| 2008 | 101.06 |
| 2007 | 65.15 |
| 2006 | 61.69 |
| 2005 | 50.26 |
| 2004 | 34.42 |
| 2003 | 27.48 |
| 2002 | 24.29 |
| 2001 | 23.00 |
| 2000 | 26.71 |
| 1999 | 17.35 |
| 1998 | 11.92 |
| 1997 | 18.62 |
| 1996 | 19.42 |
| 1995 | 16.39 |
| 1994 | 15.17 |
| 1993 | 15.59 |
| 1992 | 18.00 |
| 1991 | 17.44 |
| 1990 | 21.27 |
| 1989 | 16.25 |
| 1988 | 13.54 |
| 1987 | 17.30 |
| 1986 | 13.46 |
| 1985 | 26.99 |
| 1984 | 28.38 |
| 1983 | 29.17 |
| 1982 | 34.29 |
| 1981 | 36.88 |
| 1980 | 36.83 |
| 1979 | 20.05 |
| 1978 | 13.00 |
| 1977 | 12.90 |
| 1976 | 11.66 |
| 1975 | 11.48 |
| 1974 | 11.43 |
| 1973 | 3.13 |
| 1972 | 2.51 |
| 1971 | 2.23 |
| 1970 | 2.23 |
Oman is a deliverable Middle Eastern crude marker used in trade with Asian buyers. A dated physical assessment, a futures settlement and an annual national average answer different questions, so this page labels the annual series separately.
Petroleum gravity describes density: a higher number indicates a lighter crude. Sulfur adds processing requirements. Oman sits just inside the light band in the cited S&P classification and above its sour threshold.
Asian refinery demand, regional supply, freight, product margins and the chosen delivery period can all affect Oman pricing. Compare the same dates and price type before drawing conclusions from Brent, Dubai or Murban.
The shared research lives on dedicated pages, so this benchmark page can stay focused on its own price, definition and market role.
The annual national series and a daily futures settlement are different measures. A futures price belongs to a delivery month, while a continuous futures chart also needs a disclosed rollover rule.
The price history contains annual observations from the Oman Ministry of Energy and Minerals. Daily futures settlements form a separate contract series.
Watch: Asian crude demand, regional supply, shipping, refinery margins and the selected delivery period.
No. The chart is the Oman Ministry of Energy and Minerals annual Omani crude price series. A daily GME futures settlement is a separate, contract-specific dataset.
The cited S&P methodology lists Oman at 31.3° petroleum gravity, just inside its light band. Classification cutoffs vary, so the numerical gravity value is more precise than the label alone.
The cited methodology uses 0.5% sulfur as its sweet–sour boundary and lists Oman at 1.14% sulfur. Other market descriptions may use different conventions.
Use the listed oil companies directory to review verified roles, exchange codes and delayed company share charts separately from the crude benchmark.
See the price-chart.com methodology for units, timestamps, period averages and update rules.
Move from this benchmark to daily WTI and Brent price histories, Dubai monthly history or another regional reference.
