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Month: September 2024

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 …