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Day: December 3, 2025

Oman Oil Price Drops 44 Cents

Muscat: Oman oil price for February delivery 2026 has reached 63.43 US Dollars, reflecting a decline of 44 Cents compared to yesterday’s price of 63.87 US Dollars.

According to Oman News Agency, the average price of Oman oil for December delivery 202…

Gold Prices Rebound After 1% Drop in Previous Session

Muscat: Gold regained ground today following a 1% drop in the previous session. Spot gold rose 0.1% to $4,212.50 per ounce, after falling more than 1% in the previous session. US gold futures for December delivery were up 0.7% at $4,250.80 per ounce.
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Oil Prices Fall for Second Day on Surplus Concerns

Muscat: Oil prices fell for a second consecutive session today amid growing concerns over a potential supply surplus, driven by rising crude and fuel inventories. Brent crude futures were down 13 cents, or 0.21%, at $62.32 a barrel, after falling 1.1%…

Inflation Rate Rises in Oman by 1.5 Percent

Muscat: The general consumer price index (CPI) in the Sultanate of Oman recorded an increase of 1.5 percent in October 2025 compared to the corresponding month in 2024, based on the base year 2018. The average inflation rate for the period from Januar…