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Day: July 10, 2025

Oil Falls Amid Concerns Over Escalating Trade Tensions

Muscat: Oil prices today dropped as the latest tariff announcements by US President Donald Trump were perceived by market participants to threaten global economic growth and demand for the resource. Brent crude futures were down 22 cents, or 0.31 perc…

Gold Gains as Dollar Weakens Amid Tariff Expansion

Muscat: Gold prices today rose, supported by a slight decline in the dollar exchange rate and bond yields, while investors closely monitored developments in trade negotiations amid US President Donald Trump expanding the scope of tariffs. Spot gold ro…

Oman Oil Price Drops 29 Cents

Muscat: Oman oil price for September delivery 2025 has decreased by 29 cents, reaching 71.88 US Dollars compared to yesterday’s price of 72.17 US Dollars.

According to Oman News Agency, the average price of Oman oil for July delivery 2025 has stabil…

MSX 30 Index Rises by 5.9 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,602.54 points, marking a rise of 5.9 points (0.13%) from the previous session’s close of 4,596.69 points. Trading value increased to RO 22,522,997, reflecting a 46.1% rise compared to the …

China’s Auto Production Rises Sharply in First Half of 2025

Beijing: The People’s Republic of China’s automobile production and sales grew by more than 10% in the first half of 2025, signaling a strong rebound in consumer spending, according to data released today by the China Association of Automobile Manufac…

Oman, Bulgaria Explore Enhancing Economic, Investment Cooperation

Sofia: The Sultanate of Oman and the Republic of Bulgaria discussed strengthening economic and investment cooperation between the two countries, leveraging experiences in creating investment-friendly environments, designing investor incentives, econom…