SNG: Oman: Fuel purchases near border pumps limited to 30l

By Zawya

By Staff Writer

Muscat – Fuel purchases will be temporarily capped at 30 litres per transaction at filling stations within 50km of Oman’s border crossings following a surge in demand that has rapidly depleted stocks at some outlets.

The National Subsidy Committee approved the measure to maintain supplies for more consumers and help affected stations continue operating without disruption.

Nasra bint Sultan Al Habsi, Director General of Commerce at the Ministry of Commerce, Industry and Investment Promotion, said increased demand at certain stations had prompted the temporary controls.

She stressed that the restriction applied only to stations within the designated 50km radius and did not cover all filling stations across Oman.

Implementation is being coordinated with the Ministry of Energy and Minerals, OQ and petroleum marketing companies to maintain fuel availability at affected outlets.

Border stations often attract motorists from neighbouring countries seeking to benefit from differences in fuel prices. In the UAE, prices fluctuate in line with global oil markets. EPlus 91 petrol was priced at AED4.21 per litre in October, while Special 95 cost AED4.28.

The UAE’s fuel prices have risen sharply this year amid disruption to regional oil supplies and the blockade of the Strait of Hormuz, with crude prices exceeding US$100 a barrel.

© Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info).

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.