Thursday, November 5, 2026

Business

Oman Oil Price Increases by 14 Cents

Muscat: Oman oil price for February delivery 2026 has reached 63.57 US Dollars, marking a 14-cent increase compared to the previous day’s price of 63.43 US Dollars. According to Oman News Agency, the average price of Oman oil for December delivery 2025 remained stable at 65.04 US Dollars per barrel.

Animal, Aquatic Feed Plant Inaugurated to Boost Food Security, Self-Sufficiency

Khazaen economic city: The first phase of a new plant for producing animal and aquatic feed was inaugurated in the Khazaen Economic City, located in South Al Batinah Governorate today. The facility, owned by the Omani Bioproducts Company-a subsidiary of Oman Flour Mills-was constructed at a cost of approximately RO

Oil Prices Move Slightly Higher amid Supply Concerns

Muscat: Oil prices moved slightly higher today after Ukrainian attacks on Russia’s oil infrastructure signaled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets. Brent crude rose 14 cents, or 0.22%, to $62.81, while US West Texas Intermediate rose 16

Gold Slips as Investors Turn Cautious Ahead of Fed Meeting

New york: Gold edged lower today as investors booked profits, taking a cautious stance ahead of next week’s US Federal Reserve meeting, while looking to upcoming data for clearer signals on the central bank’s interest rate path. Spot gold was down 0.2% at $4,196.96 per ounce. US gold futures for

Dollar Soft as Rate-cut Bets Intact, Euro at 7-week High

New york: The US dollar was on a weak footing on today after lacklustre economic data seemingly cemented the case for a rate cut from the Federal Reserve next week, providing relief to the yen and pushing the euro to an almost seven-week high. The dollar index, which measures the

Oman National Football Team Faces Morocco in Arab Cup Tomorrow

Muscat: Oman national football team will play an important match tomorrow, Friday, against the Moroccan national team as part of the second round of Group B in the FIFA Arab Cup 2025 tournament, held in the Qatari capital, Doha, at 6:30 PM Oman time. According to Oman News Agency, the

Oil Prices Fall for Second Day on Surplus Concerns

Muscat: Oil prices fell for a second consecutive session today amid growing concerns over a potential supply surplus, driven by rising crude and fuel inventories. Brent crude futures were down 13 cents, or 0.21%, at $62.32 a barrel, after falling 1.1% in the previous session. US West Texas Intermediate crude

Gold Prices Rebound After 1% Drop in Previous Session

Muscat: Gold regained ground today following a 1% drop in the previous session. Spot gold rose 0.1% to $4,212.50 per ounce, after falling more than 1% in the previous session. US gold futures for December delivery were up 0.7% at $4,250.80 per ounce. According to Oman News Agency, elsewhere in

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…