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Day: April 21, 2026

Oil Surges More Than 7% as Strait of Hormuz Closure Roils Markets

Muscat: Oil prices jumped more than 7 percent today, rebounding sharply from steep losses in the previous session as the closure of the Strait of Hormuz rattled global energy markets. Brent crude futures climbed $6.56, or 7.26 percent, to $96.94 per b…

Omani Crude Oil Price Declines by $4.40

Muscat: The official price of Omani crude oil for June 2026 delivery settled today at $97.51 per barrel.

According to Oman News Agency, the price of Omani crude recorded a decline of $4.40 compared to its level last Friday, which stood at $101.91 pe…

CBO Announces Auction Results of GDB-83

Muscat: The Central Bank of Oman (CBO) today announced the auction results of the 83rd Government Development Bonds (GDB) issue, which received applications worth a total of RO 185,562,900 from investors.

According to Oman News Agency, a media relea…

Oman Participates in GCC Economic and Development Affairs Meeting

Muscat: The Sultanate of Oman today participated in a ministerial meeting of the GCC Economic and Development Affairs Authority, which was conducted via video conferencing. Dr. Khamis bin Saif Al Jabri, Minister of Economy, represented Oman at this si…

Muscat Stock Exchange Index Closes 0.66% Lower

Muscat: Muscat Stock Exchange (MSX) 30 index closed today at 8,259.25 points, declining by 54.7 points, or 0.66%, compared to the previous trading session, which closed at 8,313.98 points.

According to Oman News Agency, the total value of traded s…