Basra crude “heavy and medium” recorded losses for the fifth week in a row, at a time when global oil prices recorded the first gains after four weeks of losses.
Basra heavy crude closed in its last session yesterday, Friday, up 79 cents to reach $ 7…
Oil prices edged higher today for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi-month lows this week.
Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel, while US West T…
Oil prices rose on Thursday for the third consecutive session after government data showed a sharp decline in US crude inventories, recovering prices from multi-month lows touched this week.
Brent crude futures rose 23 cents, or 0.3 %, to $78.56 a b…
Gold prices rose amid optimism about a cut in US interest rates, while traders are awaiting economic data for clues on the path that the Federal Reserve (the US central bank) will follow.
Safe-haven spot gold rose 0.3 percent to $2,389.42 an ounce, w…
Oil prices rose on Thursday for the third consecutive session after government data showed a sharp decline in US crude inventories, recovering prices from multi-month lows touched this week.
Brent crude futures rose 23 cents, or 0.3 %, to $78.56 a b…
Muscat Stock Exchange (MSX) general index (30) today gained (1.1) point, comprising a rise by (0.02%) to close at (4644.90) points, compared to the last session, which stood at (4643.85) points.
The trading value today stood at (RO 1,582,278), compri…
Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani announced today, Thursday, the organization of contracts to increase oil production and gas investment in 9 governorates, while pointing to the operation of gas compressor…
Muscat Stock Exchange (MSX) general index (30) today gained (1.1) point, comprising a rise by (0.02%) to close at (4644.90) points, compared to the last session, which stood at (4643.85) points.
The trading value today stood at (RO 1,582,278), compri…
Muscat:The Otology and Ear Surgery team at the University Medical City has successfully completed the first middle ear hearing implant surgery in the Sultanate of Oman. This two-hour operation has restored hearing for a female patient who had been suf…
Muscat:Cultural relations between the Sultanate of Oman and the People’s Republic of China trace back to a rich history of civilizational contact, characterized by commercial exchange and people-to-people interactions. Ancient maritime trade routes fa…
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…
Muscat:His Majesty Sultan Haitham bin Tarik is set to undertake state visits to the People’s Republic of China and Brunei Darussalam, commencing this Sunday.
According to Oman News Agency, the Diwan of Royal Court issued a statement detailing the vi…
Baghdad:The Sultanate of Oman, represented by the Ministry of Justice and Legal Affairs, took part in the 31st meeting of the GCC Permanent Committee of Officials of Legislation Departments held in the Kingdom of Bahrain. The Omani delegation was led …
