Monday, November 2, 2026

Business

Oil Prices Rise over 1$

Oil prices rose more than $1 today, reversing the previous days loss, amid concerns over a possible US recession reducing demand in the world’s largest oil consumer. Brent crude prices rose $1.25, or 1.6%, to $77.55 per barrel, while US West Texas Int…

Oman Overall Electricity Production Up by 1.4% by End of May 2024

The total electricity production in the Sultanate of Oman till the end of May 2024 grew by 1.4% to 15,769.6 gigawatts per hour, compared to 15,553 gigawatts per hour during the corresponding period in 2023, according to statistics released by the Nati…

Oman Overall Electricity Production Up by 1.4% by End of May 2024

The total electricity production in the Sultanate of Oman till the end of May 2024 grew by 1.4% to 15,769.6 gigawatts per hour, compared to 15,553 gigawatts per hour during the corresponding period in 2023, according to statistics released by the Nati…

Oil prices decline after volatile trading

Baghdad, Oil prices declined in volatile trading, today, Tuesday, as concerns about declining demand after a global selling wave yesterday, Monday, overcame fears of an escalation of the conflict in the Middle East and a decline in Libyan oil producti…

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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…