Wednesday, November 4, 2026

June 9, 2026

Oman Crude Oil Price Drops by USD 4.79

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 88.59 per barrel today. This represents a decrease of USD 4.79 from yesterday Monday’s price of USD 93.38.

According to Oman News Agency, the monthly average price f…

Future Fund Oman Inks Agreements Worth RO 583 Million

Muscat: The Future Fund Oman, under the umbrella of Oman Investment Authority, signed today agreements for 105 new projects with a total value of RO 583 million. The Fund’s investment commitments amount to RO 225 million, alongside local investments t…

Oil Inches Up as Middle East Tensions Loom Over Fragile Truce

Muscat: Oil prices edged higher in early trading today after Iran and Israel left open the possibility of renewed attacks, despite having halted combat operations in response to an appeal from US President Donald Trump. Brent crude futures rose 13 cen…

China’s May Exports Surge 19.4% as Imports Jump 27.4%

China: China’s exports rose 19.4 percent in May year-on-year in dollar terms, while imports increased 27.4 percent, customs data showed on today.

According to Oman News Agency, economists had forecast a 15 percent annual rise in exports, up from 14…

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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…