Thursday, November 5, 2026

November 12, 2025

Oil Prices Edge Lower as Markets Assess Impact of US Government Reopening

London: Oil prices fell today after gaining in the previous session, as markets assessed expectations that the end of the longest government shutdown in US history could boost demand in the world’s largest oil consumer. According to Oman News Agency, Brent crude futures declined by 8 cents, or 0.12%, to

IEA Expects Continued Growth in Oil and Gas Demand Until 2050

Paris: The International Energy Agency (IEA) announced that global demand for oil and gas may continue to rise until 2050, marking a departure from its previous forecasts that had predicted a faster shift toward clean fuels. According to Oman News Agency, the Agency, headquartered in France, said in its World

OPEC Forecasts Balanced Oil Market by 2026, Revising Earlier Deficit Outlook

Muscat: Global oil supply will match demand in 2026 in a reflection of the wider OPEC+ group’s production increases and higher supply from other producers, an OPEC report showed today, marking a further shift from its earlier projections of a supply deficit. The OPEC+ group comprising the Organization of the

Oman Signs Four Air Transport Service Agreements with Global Partners

Punta cana: The Sultanate of Oman has signed four bilateral air transport service agreements with the Dominican Republic, Costa Rica, Zambia, and Cabo Verde. The signings took place during Oman’s participation in the International Civil Aviation Organization’s Air Services Negotiation Event (ICAN2025), hosted in Punta Cana, Dominican Republic. According to

Recent posts

Oman Participates in GCC Culture Ministries’ Preparatory Meeting

Muscat:The Sultanate of Oman participated in a preparatory meeting of Undersecretaries of Ministries of Culture from GCC states. This meeting, conducted via video conference, served as groundwork for the upcoming 30th meeting of GCC Ministers of Cultu…

Sultan Haitham Embarks on State Visit to China

Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.

According to Oman News Agency, His Majest…