August 25, 2025

Muscat: The total issuance of Government Treasury Bills amounted to RO 35.98 million. The value of the allotted Treasury bills amounted to RO 10 million, for a maturity period of 28 days. The average accepted price reached RO 99.700 for every RO 100, and the minimum accepted price arrived at

Muscat: Oil prices advanced modestly today, supported by growing optimism for a U.S. interest rate cut that could stimulate economic growth and bolster global fuel demand. Brent crude futures edged up by 6 cents to settle at $67.79 a barrel, while West Texas Intermediate (WTI) crude futures gained 9 cents

New york: The U.S. dollar today edged higher, striving to stabilize after a sharp decline triggered by Federal Reserve Chair Jerome Powell’s unexpectedly dovish commentary last week. The greenback’s attempted recovery follows a selloff that drove it to a four-week low against the euro. According to Oman News Agency, in

Muscat: Gold prices today retreated, pulling back from a two-week high reached in the previous session as a stronger U.S. dollar exerted downward pressure. Despite the dip, the metal continued to draw underlying support from growing expectations of U.S. interest rate cuts, reinforced by Federal Reserve Chair Jerome Powell’s recent

Muscat: European equities pulled back today, easing from near-record levels as a sharp sell-off in renewable energy stocks offset momentum from broad optimism over prospective U.S. monetary easing. The decline was led by heavy losses in the green energy sector following a regulatory blow to a major offshore wind project.