Wednesday, November 4, 2026

Business

Oman Crude Oil Price Drops by USD 4.79

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 88.59 per barrel today. This represents a decrease of USD 4.79 from yesterday Monday’s price of USD 93.38.

According to Oman News Agency, the monthly average price f…

Gold Prices Maintain Stability Near Two-Month Low

Muscat: Gold prices remained stable in today’s trading, with spot gold priced at $4,332.50 per ounce, maintaining its position near the lowest level in over two months, which was reached in the previous session.

According to Oman News Agency, US gol…

MSX Gains 34 Points

Muscat: Muscat Stock Exchange (MSX) “30” index closed today at 7,624.90 points, marking a rise of 34.3 points, or 0.452%, compared to the last trading session, which closed at 7,590.62 points.

According to Oman News Agency, the total trading value r…

China’s May Exports Surge 19.4% as Imports Jump 27.4%

China: China’s exports rose 19.4 percent in May year-on-year in dollar terms, while imports increased 27.4 percent, customs data showed on today.

According to Oman News Agency, economists had forecast a 15 percent annual rise in exports, up from 14…

OPEC+ Sanctions 188,000 bpd Oil Output Increase for July 2026

Vienna: The seven member countries of the OPEC+ alliance implementing voluntary production adjustments have sanctioned an output increase of 188,000 barrels per day from the total additional cuts announced in April 2023. The adjustment is set to take …

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…