Oil prices fell at settlement at the end of Monday’s trading.
Brent crude futures fell 18 cents, or 0.2 %, to settle at $84.85 per barrel.
US West Texas Intermediate crude also fell 30 cents, or 0.4 %, to reach $81.91 per barrel upon settlement.
Th…
Oil prices fell today, Tuesday, due to fears of a slowdown in the Chinese economy, which is putting pressure on demand, but the growing consensus that the Federal Reserve (the US central bank) will begin lowering interest rates next September limited …
Russia announced that the global oil market will be balanced in the second half of the year and beyond thanks to the OPEC Plus alliance agreement on production.
Russian Deputy Prime Minister Alexander Novak said that the OPEC Plus alliance, which inc…
Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 108%.
The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is July 18, a…
Tokyo, Gold prices declined on Monday as the dollar strengthened, with investors awaiting comments from Federal Reserve officials and economic data for further clues on US interest rates.
Spot gold fell 0.1% to $2,409.54 per ounce. US gold futures dr…
Prime Minister Mohammed Shia Al-Sudani stressed the need for the economy to undergo real reforms and the correct direction of resources.
The Prime Minister’s media office stated in a statement that “Prime Minister Mohammed Shia Al-Sudani chaired, tod…
The Minister of Trade, head of the Iraqi team concerned with joining the World Trade Organization, Athir Al-Ghariri, announced today, Monday, the resumption of negotiations to join the World Trade Organization, after a hiatus that lasted more than 16 …
Oil prices fell for the second day in a row with the rise of the dollar amid political uncertainty in the United States.
Brent crude futures fell 55 cents, or 0.7 %, to $84.48 per barrel, after closing 37 cents lower last Friday.
The price of US Wes…
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 …
Geneva:The Sultanate of Oman has taken part in the 27th session of the General Assembly of the International Civil Defence Organisation (ICDO), which commenced today at the Geneva International Conference Centre.
According to Oman News Agency, the O…
Sohar:The Sultanate of Oman, represented by the Ministry of Agriculture, Fisheries and Water Resources, celebrated Agriculture Day at Sohar University in North Al Batinah Governorate. The event was held under the auspices of Dr. Saud Hamoud Al Habsi, …
Ibra:The ‘Technology and Handicraft Art Exhibition’ was organized today in the Wilayat of Ibra by the SMEs Development Authority ‘Riyada’ in North A’ Sharqiyah. The event featured participation from craftsmen and representatives of small and medium en…
