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Higher oil prices likely to reduce Oman’s budget deficit

By CityCalc Newsroom · Fri Jul 24 2026 · Source: AGBI

Oman should be able to cut its deficit significantly and even balance its budget on the back of higher oil prices in the first six months of this year, officials say. Average prices of Omani crude increased by nearly 10 percent in the first six months of this year to $81 per bar…

Oman should be able to cut its deficit significantly and even balance its budget on the back of higher oil prices in the first six months of this year, officials say. Average prices of Omani crude increased by nearly 10 percent in the first six months of this year to $81 per bar…

Curated by CityCalc from AGBI. Read the full article at the source.

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