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Day: September 30, 2024

Oman Oil Price Gains 33 Cents

Oman oil price (November delivery 2024) today reached 72.80 US Dollars, comprising a rise by 33 cents compared to the price of last ‘Friday’, which stood at 72.47 US Dollars.

The average price of Oman oil (September delivery 2024) stabilized at 83.85…

Energy Ministry Launches New Package of Oil, Gas Concession Areas

The Ministry of Energy and Minerals announced the launch of a new package of oil and gas concession areas distributed between marine and onshore areas, including “Concession Area No. 18” located in the southern Sea of ??Oman.

This was unveiled at the…

MSX Drops 24 Points

Muscat Stock Exchange (MSX) general index (30) today dropped (24.3) points, comprising a decline by (0.51%) to close at (4710.31) points, compared to the last session, which stood at (4734.66) points.

The trading value today stood at (RO 2,815,466), …

Gold Eases But Holds Near Last Week’s High

Gold prices eased today but hovered near the record peak hit last week, setting bullion on track for its best quarter in over eight years following a jumbo US rate cut decision and expectations of another outsize reduction in November.

Spot gold was …

Oil Rises Amid Middle East Supply Concerns

Oil prices rose slightly today amid growing concerns about potential supply disruptions from the oil-producing Middle East.

Brent crude futures for November delivery increased by 16 cents, or 0.22%, reaching $72.14 a barrel.

US West Texas Intermedia…