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Signal · Geopolitical Risk

Oman crude falls to $86.93

Oman Observer - Business Trade press Published 12th August 2026 Oman

Open original report omanobserver.om

What the source reported

Source-reported

MUSCAT: Oman crude oil price for October 2026 delivery fell by $2.19 on Wednesday to $86.93 per barrel, according to the Gulf Mercantile Exchange.The decline came a day after Oman...

Publication
Oman Observer - Business · Trade Publication
Published
12th August 2026
Original report
omanobserver.om

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Geopolitical Risk
Geography
Oman
Organisations
None identified
Collected
12th August 2026 · 11:24

Initial 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.

Significance 1 · Low
Confidence 2 · Low

Initial Significance Low (18.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (39.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).

Strongest contributor
Procurement Impact
Limiting factor
Geographic Breadth
Possibly the same underlying story as India's Crude Oil Output Falls for Third Straight Year — flagged automatically, never merged automatically.