Monday, November 2, 2026

Business

Oil Edges Higher as Supply Growth and Demand Outlook Take Focus

Geneva: Oil prices edged higher today though gains were capped as traders turned their attention to supply growth and demand prospects, while largely brushing aside easing geopolitical tensions in the Middle East. Brent crude futures rose 28 cents, or…

Oman Lens Company Wins Bronze Award in UN Initiative in Geneva

Geneva: The Sultanate of Oman today wound up its participation in the Global Dialogue on Artificial Intelligence Governance, organized by the United Nations (UN) in Geneva. The event was attended by representatives of the UN’s 193 member states, globa…

Oil Edges Higher as Supply Growth and Demand Outlook Take Focus

Geneva: Oil prices edged higher today though gains were capped as traders turned their attention to supply growth and demand prospects, while largely brushing aside easing geopolitical tensions in the Middle East. Brent crude futures rose 28 cents, or…

Oman Lens Company Wins Bronze Award in UN Initiative in Geneva

Geneva: The Sultanate of Oman today wound up its participation in the Global Dialogue on Artificial Intelligence Governance, organized by the United Nations (UN) in Geneva. The event was attended by representatives of the UN’s 193 member states, globa…

Oil Edges Higher as Supply Growth and Demand Outlook Take Focus

Geneva: Oil prices edged higher today though gains were capped as traders turned their attention to supply growth and demand prospects, while largely brushing aside easing geopolitical tensions in the Middle East. Brent crude futures rose 28 cents, or…

Oman Oil Price Drops by USD 3.66

Muscat: The official price of Omani crude oil for delivery in September 2026 settled at USD 63.41 per barrel today. This marks a decrease of USD 3.66 from the price of yesterday, which was USD 67.07.

According to Oman News Agency, the monthly average…

Recent posts

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…