diff --git a/Makefile b/Makefile
index 3b7d211..d03dd3a 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 # Configuration variables
-VERSION=1.9.2
+VERSION=1.9.3
 PROJ_DIR?=$(shell pwd)
 VENV_DIR?=${PROJ_DIR}/.bldenv
 BUILD_DIR=${PROJ_DIR}/build
diff --git a/dbt/adapters/oracle/__version__.py b/dbt/adapters/oracle/__version__.py
index a2725ee..f6f10bd 100644
--- a/dbt/adapters/oracle/__version__.py
+++ b/dbt/adapters/oracle/__version__.py
@@ -14,4 +14,4 @@
   See the License for the specific language governing permissions and
   limitations under the License.
 """
-version = "1.9.1"
+version = "1.9.3"
diff --git a/requirements.txt b/requirements.txt
index e92386f..290529a 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,4 +1,4 @@
 dbt-common>=1.1.0,<2.0
 dbt-adapters>=1.2.1,<2.0
-dbt-core>=1.9.1,<2.0
-oracledb==3.1.1
+dbt-core>=1.9.3,<2.0
+oracledb==3.2.0
diff --git a/setup.cfg b/setup.cfg
index b838d97..fcc65df 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = dbt-oracle
-version = 1.9.2
+version = 1.9.3
 description = dbt (data build tool) adapter for Oracle Autonomous Database
 long_description = file: README.md
 long_description_content_type = text/markdown
@@ -35,7 +35,7 @@ install_requires =
     dbt-common>=1.1.0,<2.0
     dbt-adapters>=1.2.1,<2.0
     dbt-core~=1.9,<1.10
-    oracledb==3.1.1
+    oracledb==3.2.0
 test_suite=tests
 test_requires =
     dbt-tests-adapter~=1.10,<1.11
diff --git a/setup.py b/setup.py
index 8399b9e..d9cee02 100644
--- a/setup.py
+++ b/setup.py
@@ -43,7 +43,7 @@
         "dbt-common>=1.1.0,<2.0",
         "dbt-adapters>=1.2.1,<2.0",
         "dbt-core~=1.9,<1.10",
-        "oracledb==3.1.1"
+        "oracledb==3.2.0"
 ]
 
 test_requirements = [
@@ -61,7 +61,7 @@
 
 url = 'https://github.com/oracle/dbt-oracle'
 
-VERSION = '1.9.2'
+VERSION = '1.9.3'
 setup(
     author="Oracle",
     python_requires='>=3.9',