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Day: September 15, 2025

Oil Stabilizes Amid Anticipation of US Fuel Demand

Muscat: Oil prices today stabilized, amid expectations of growing US fuel demand. Brent crude futures edged up 3 cents to $67.02, while US West Texas Intermediate (WTI) crude was at $62.77 a barrel, up 8 cents. Both contracts gained more than 1% last …

Dollar Stabilizes Ahead of Fed Meeting

Muscat: The US dollar today held steady ahead of a pivotal week filled with central bank decisions led by the Federal Reserve, while the euro hardly reacted to Fitch’s downgrade of France’s credit rating. The euro last traded 0.09% lower at $1.1724 in…

Oman’s Electricity Production Rises by 9% by End of July 2025

Muscat: The Sultanate of Oman has experienced a 9% increase in total electricity production by the end of July 2025. The production reached 30,239.3 gigawatt-hours (GWh), a notable rise from 27,746.9 GWh during the same period in 2024.

According to …