May 5, 2026

Muscat: The official price of Oman crude oil for June delivery reached US$106.16 per barrel today. This represents a rise of US$4.12 compared to yesterday Monday’s price of US$102.04 per barrel.

According to Oman News Agency, the monthly average pri…

Muscat: Minerals Development Oman (MDO) has signed a strategic agreement with Australian Arabian Laboratories Services Biyaq to localize advanced mineral laboratory testing services within the Sultanate of Oman. The agreement was signed on the sidelin…

Muscat: OQ Group has announced the launch of its Internal Audit and Assurance Awareness Month throughout May 2026 in alignment with the global Internal Audit Awareness Month. The initiative reaffirms OQ’s commitment to strengthening corporate governan…

Muscat: The total number of registered vehicles in the Sultanate of Oman recorded a 5.5 percent increase by the end of March 2026, reaching 1,873,803 compared to the same period in 2025.

According to Oman News Agency, data released by the National C…

Muscat: SOHAR Port and Freezone, in collaboration with the Ministry of Energy and Minerals, today launched the Energy Efficiency Guideline for Industrial Buildings at SOHAR Port and Freezone under the patronage of Mohsin Hamad Al Hadrami, Undersecret…

Gold: Gold prices rose today, rebounding from a more than one-month low hit in the previous session, though gains were limited by elevated oil prices.

According to Oman News Agency, spot gold was up 0.5% at $4,541.39 per ounce. Bullion had fallen m…