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Day: May 14, 2026

Oman Participates in GCC Economy Meeting

Muscat: Represented by the Ministry of Economy, the Sultanate of Oman today took part in the 9th meeting of the GCC Economic and Development Affairs Authority’s preparatory committee. The meeting was held at the ministerial level via videoconferencing…

OCCI Participates in Kazan International Economic Forum

Kazan: A delegation from Oman Chamber of Commerce and Industry (OCCI) is taking part in the international forum of chambers of commerce and industry held in Kazan, Republic of Tatarstan, Russia. The forum is part of the ‘Russia-Islamic World Forum: Ka…

Oman Oil Price Rises by 17 Cents

Muscat: The official price of Oman oil for July delivery stood at USD 104.81 per barrel today. This reflects a rise of 17 cents compared to USD 104.64 per barrel on Wednesday.

According to Oman News Agency, the monthly average price of Oman crude for…

Gold Rises Slightly on Weaker Dollar

Muscat: Gold prices ticked up today, buoyed by a weaker dollar, as investors focused on US-China talks. Spot gold rose 0.3% to $4,699.87 per ounce, while gold futures for June delivery were steady at $4,706.90. Spot silver fell 0.4% to $87.64 per ounc…

Oil Prices Rise as Markets Anticipate Geopolitical Developments

Muscat: Oil prices slightly rose today as markets await US-China talks, while traders remain focused on the crisis of the Iran war. Brent crude futures were up 13 cents, or 0.12%, to $105.76 a barrel, while US West Texas Intermediate futures rose 12 c…