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Day: June 2, 2026

Oman Oil Price Rises 35 Cents

Muscat: The official price of Oman crude oil for August delivery reached USD 91.76 per barrel today. The price of Oman oil today recorded an increase of USD 0.35 compared to the price of yesterday ‘Monday’ which stood at USD 91.41.

According to Oman …

Gold Rises as US Yields Fall

Muscat: Gold prices rose today amid a decline in US Treasury yields. Spot gold rose 0.5% to $4,507.56 per ounce. US gold futures for August delivery gained 0.7%, reaching $4,538 per ounce. In regards to other precious metals, spot silver prices rose 0…

Oil Prices Hold on to Gains in Early Trading

Muscat: Oil prices held on to most of the strong gains recorded in the previous session during early trading today. Brent crude futures rose by 6 cents, or 0.06%, to $95.04 a barrel. US West Texas Intermediate (WTI) crude futures fell by 17 cents, or …

Oman and Belarus Explore Industrial and Investment Collaboration

Minsk: The Sultanate of Oman and the Republic of Belarus engaged in discussions to enhance cooperation in industry and investment sectors. This initiative aims to strengthen economic partnerships and expand industrial collaboration between the two nat…

OMIFCO Set to Offer 25% Shares Publicly on Muscat Stock Exchange

Oman: Oman India Fertiliser Company (OMIFCO) announced today in a press conference at its headquarters in the Wilayat of Sur, South A’Sharqiyah Governorate, its intention to float 25% of its shares for public subscription on the Muscat Stock Exchange,…

Oman Ranks First Globally in Export Supply Chain Initiation Index

Muscat: The Sultanate of Oman has achieved advanced regional and global results in several indicators within the 2025 Logistics Performance Index (LPI) report issued by the World Bank. This reflects the efficiency of its logistics system and its compe…