Search
Close this search box.

Day: March 30, 2026

HM The Sultan Condoles President of Algeria

Muscat: His Majesty Sultan Haitham bin Tarik has sent a cable of condolences to President Abdelmadjid Tebboune of the People’s Democratic Republic of Algeria on the death of former Algerian President Liamine Zeroual. In his message, His Majesty expres…

Oman Oil Price Declines by USD 14.68

Muscat: The official price of Oman crude oil for May delivery settled at USD 104.84 per barrel today. This marks a decrease of USD 14.68 compared to last Friday’s closing price of USD 119.52 per barrel.

According to Oman News Agency, the monthly aver…

Gold Rises Slightly as Dollar Weakens

New york: Gold prices edged up today as the dollar softened, but gains were capped by a surge in energy prices that fueled inflation worries and further dimmed expectations for US Federal Reserve interest rate cuts this year. Spot gold rose 0.3% to $4…

Australia Halves Fuel Excise to Counter Global Energy Turmoil

Muscat: Australian Prime Minister Anthony Albanese announced today a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East. In a stat…

Oil Prices Surge Amid Middle East Military Tensions

Muscat: Oil prices extended gains today, with Brent headed for a record monthly rise, amid escalating military tensions in the Middle East. Brent crude futures jumped $2.43, or 2.16%, to $115 a barrel after settling 4.2% higher on Friday. US West Texa…