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Day: September 2, 2024

Oil Extends Losses on Expected OPEC+ Supply Boost

Oil prices extended losses today on expectations of higher OPEC+ production from October while signs of sluggish demand in China and the United States raised concerns about future consumption growth.

Brent crude futures were down 56 cents, or 0.7%, a…

MSX Gains 11 Points

Muscat Stock Exchange (MSX) general index (30) today gained (11.9) points, comprising a rise by (0.25%) to close at (4771.79) points, compared to the last session, which stood at (4759.88) points.

The trading value today stood at (RO 3,834,101), comp…

Ecosystem Readiness Lab Kicks off

The activities of the Ecosystem Readiness Lab kicked off today to advance national plans towards the 2030 green hydrogen production targets.

The two-week event is organized by Hydrom, in cooperation with Oman Vision 2040 Implementation Follow-up Unit…

Oman Oil Price Declines 2.09 US Dollars

Oman oil price (November delivery 2024) today reached 76.41 US Dollars, comprising a drop by 2.09 US Dollars.

The average price of Oman oil (September delivery 2024) stabilized at 83.85 US Dollars per barrel, thus 1.35 US Dollars per barrel higher th…