Thursday, November 5, 2026

Business

Oil Prices Steady as Traders Await US Oil Inventory Data

Muscat: Oil held steady today, as traders are waiting for weekly US oil inventory data. Brent crude oil futures were up 23 cents, or 0.3%, at $69.03 a barrel. US West Texas Intermediate crude rose 23 cents, or 0.4%, to $64.19.

According to Oman News…

Dollar Eases as Yen Firm on Japan Equity Rally

Tokyo: The US dollar weakened today, while the Japanese yen maintained its recent gains, buoyed by a rally in Japanese equities and investor expectations that Prime Minister Sanae Takaichi’s landslide victory would bolster her fiscal policy agenda. Th…

Oman Oil Price Rises 56 Cents

Muscat: Oman oil price for April delivery in 2026 has increased to 68.56 US Dollars, marking a rise of 56 cents from the previous day’s price of 68 US Dollars.

According to Oman News Agency, the average price of Oman oil for February delivery in 2026…

MSX Gains 135 Points in Significant Daily Increase

Muscat: The Muscat Stock Exchange “30” index concluded today’s trading session at 7,028.16 points, advancing 135.7 points-a robust gain of 1.97 percent from the previous close of 6,892.43 points. Trading value soared to RO 82,170,445, marking a substa…

Gold Eases but Holds Above $5,000 Ahead of Key US Data

Muscat: Gold prices eased today but remained above the $5,000-an-ounce level, as investors adopted a cautious stance ahead of key US employment and inflation data due later this week, which are expected to provide further insight into the future path …

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…