Muscat: The OPEC+ alliance, in its 39th ministerial meeting, agreed to establish a mechanism to assess maximum sustainable production capacity, which will serve as a reference for production levels in the year 2027, while maintaining current productio…
Muscat: Hafeet Rail, the developer of the cross-border railway project between the Sultanate of Oman and the United Arab Emirates, has signed a cooperation agreement with Itaminas Com©rcio de Min©rios, one of Brazil’s leading iron ore producers. This …
Muscat: Oman oil price for July delivery 2025 reached 63.99 US Dollars today, marking an increase of 30 cents compared to yesterday’s price, which was 63.69 US Dollars.
According to Oman News Agency, the average price of Oman oil for May delivery 20…
Muscat: Oil prices today rose by around USD 1 a barrel after a US court blocked most of President Donald Trump’s tariffs. Brent crude futures climbed USD 1.03, or 1.6 percent, to USD 65.93 a barrel. US West Texas Intermediate crude advanced by USD 1.0…
Muscat: Oman Tourism Development Company (OMRAN Group) announced robust financial and operational results for 2024, reaffirming its central role in advancing tourism development and sustainable economic growth in the Sultanate of Oman. The Group achie…
Muscat: Sayyid Badr bin Hamad Al Busaidi, Foreign Minister, welcomed Olof Skoog, Deputy Secretary-General for Political Affairs of the European External Action Service, for discussions today.
According to Oman News Agency, the meeting underscored th…
