Latest News
Oman Oil Price Rises 18 Cents
Oman oil price (November delivery 2024) today reached 73.46 US Dollars, comprising a rise by 18 cents compared to the price of yesterday Tuesday, which stood at 73.28 US Dollars.
The average price of Oman oil (September delivery 2024) stabilized at 8…
Forum Discusses Potential of Launching Regional Alliance for ME Airports
The Sultanate of Oman, represented by “Oman Airports,” host led today the first GCC Airports CEOs Forum l, at St. Regis Al Mouj, Muscat, with the participation of the CEOs of GCC airports.
This forum, in its inaugural edition this year, is part of th…
Gasoline Production in Oman Up by 25p
The Sultanate of Oman’s production of gasoline recorded a rise of 25% in July 2024 compared to June 2024, according to preliminary statistics released by the National Centre for Statistics and Information (NCSI).
Meanwhile, the total production of re…
Gold Flat as Investors Focus on Fed
Gold prices were flat today as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.
Spot gold was little changed at $2,571.28 per ounce. Bullion rose to a record high of $2,589.59 on Monday.
US gold fut…
European Shares Flat ahead of Fed Rate Decision
European shares were flat today, as investors stayed on the sidelines ahead of an all-important interest rate decision by the US Federal Reserve that could mark the beginning of a monetary-easing cycle in the world’s largest economy.
The pan-European…
Oil Prices Steady as Investors Focus on Fed Decision
Oil prices held steady today, after rising in the previous two sessions, as investors await the US Federal Reserves anticipated interest rate cut.
Brent crude futures for November dropped 3 cents to $73.67 a barrel. US crude futures for October slid …
Dollar Wavers Ahead of US Fed Policy Meeting
The dollar wavered today, while the yen regained some lost ground as investors made lastminute tweaks to positions ahead of the Federal Reserve’s policy meeting expected to initiate a US easing cycle.
The US Federal Reserve is expected to make today …
MSX Gains 6 Points
Muscat Stock Exchange (MSX) general index (30) today gained (6.3) points, comprising a rise by (0.13%) to close at (4719.74) points, compared to the last session, which stood at (4713.40) points.
The trading value today stood at (RO 2,839,734), compr…
Oman’s Trade Balance Records Surplus of RO 3.6 billion by End of June 2024
The Sultanate of Oman’s trade balance recorded a surplus of RO 3.658 billion by the end of June 2024, compared to a surplus of RO 3.704 billion during the same period of 2023, according to preliminary statistics issued by the National Center for Stati…
UN Official Calls for Calm following Pager Explosions in Lebanon
The UN Special Coordinator for Lebanon Jeanine Hennis-Plasschaert has called for calm following attacks across Lebanon which killed at least nine people, including children, and left thousands injured – many critically.
In line with international law…
