Oman Q2 Producer Prices Surge 32.7% on Oil, Refined Products

Oman's producer price index rose 32.7% year-on-year in Q2 2026, driven by a 31.9% increase in oil and gas prices and an 88.2% jump in refined petroleum products. The data reflects elevated energy prices in the Gulf, though it is a lagging indicator and does not signal a new policy shift. The sharp rise in refined product prices may indicate stronger regional refining margins or supply constraints.