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Month: September 2024

Oil Prices Rise 1% on US Hurricane Impact Concerns

Oil prices rose more than 1% today, spurred by concerns of Hurricane Francine impacting output in the US, the world’s biggest crude producer, though worries of lower demand capped gains.

Brent crude futures for November were up $1, or 1.4% at $71.61 …

Dollar Firm after Inflation Data Douse Bets for Big Fed Cut

The dollar traded near a four-week high versus the euro today after signs of some stickiness in US inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week.

The dollar gained against the yen, fo…

Oman Oil Price Rises 1.07 US Dollar

Oman oil price (November delivery 2024) today reached 71.92 US Dollars, comprising a rise by 1.07 US Dollar compared to the price of yesterday ‘Wednesday’ which stood at 70.85 US Dollars.

The average price of Oman oil (September delivery 2024) stabil…

Oman Oil Price Rises 1.07 US Dollar

Oman oil price (November delivery 2024) today reached 71.92 US Dollars, comprising a rise by 1.07 US Dollar compared to the price of yesterday ‘Wednesday’ which stood at 70.85 US Dollars.

The average price of Oman oil (September delivery 2024) stabil…

MSX Gains 20 Points

Muscat Stock Exchange (MSX) general index (30) today gained (20.8) points, comprising a rise by (0.44%) to close at (4745.56) points, compared to the last session, which stood at (4724.76) points.

The trading value today stood at (RO 3,235,316), comp…