Oman oil price drops
- Source
- Oman Observer - Business
- Source link
- https://www.omanobserver.om/article/1193887/business/energy/oman-oil-price-drops
- Published
- 2026-08-03 06:51:03
- Discovered by ProcIntel
- 2026-08-03 12:25:01
- Category
- GCC Spotlight
- Geography
- Oman
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Muscat: The official price of Oman crude oil for October delivery settled today at USD 78.26 per barrel.The price of Oman oil recorded a decrease of USD 0.54 today.It is worth not...
Procurement Relevance Gate
- commodity_or_input_impact (weight 12) — matched on "oil"
- price_availability_leadtime_demand (weight 10) — matched on "price drop"
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
- Initial Significance
- 2 · Moderate (22.0/100)
- Initial Confidence
- 2 · Low (39.0/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Insufficient
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth
Initial Significance Moderate (22.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (39/100, data sufficiency: Insufficient). Strongest contributor: Corroboration (25.0/25 points). Limiting factor: Specificity (0.0/20 points). Capped at 39 (Low) -- insufficient structured evidence to support a higher Confidence reading, regardless of source authority.
- No likely Event type matched; a low contextual baseline was applied.
- Entity Criticality data quality warning: all_linked_entities_data_insufficient.
- no confidence-specificity evidence (actor entity, date, quantified value, or concrete verb)
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- Entities were mentioned as context or document attribution rather than as actors in the reported development, so they did not increase Initial Confidence.
- Only source-level geography metadata was available.
- Source metadata did not contribute to Initial Confidence.
Methodology signal_scoring_v1 — calculated 2026-08-07 11:32:17.