Muscat: China’s value-added industrial output, an important economic indicator, went up 5.9 percent year on year in the first two months of 2025.
According to Oman News Agency, in February alone, the industrial output grew 0.51 percent from January…
Muscat: The total issuance of Government Treasury Bills this week amounted to RO 53.05 million. The value of the allotted Treasury bills was RO 0.15 million, for a maturity period of 28 days.
According to Oman News Agency, the average accepted pric…
Muscat: Oil prices today rose about one percent at the start of trading. Brent crude futures climbed 72 cents, or 1.02 percent, reaching $71.30 a barrel, while West Texas Intermediate (WTI) crude futures also increased by 72 cents, or 1.1 percent, to …
New York: The US dollar today hovered close to a five-month low against its major peers, pressured by President Donald Trump’s erratic trade policies and a run of soft macroeconomic data. The US dollar index, which measures the currency against six ma…
Muscat: Oman oil price (May delivery 2025) today reached 72.28 US Dollars, comprising a rise by 74 Cents compared to the price of last ‘Friday’ which stood at 71.54 US Dollars.
According to Oman News Agency, the average price of Oman oil (March del…
Muscat: Gold firmed today after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the Federal Reserve continued to fuel safe-haven demand…
