Muscat: Oil today extended gains, lifted by hopes of improved economic activity after the US-EU trade deal, a potential US-China tariff truce and President Donald Trump’s shorter deadline for Russia to end the Ukraine war. Brent crude futures were up …
Muscat: The Sultanate of Oman’s trade balance recorded a surplus of RO 2.454 billion by the end of May 2025. This represents a 38.5 percent decrease compared to the same period in 2024, which saw a surplus of RO 3.989 billion.
According to Oman News…
Muscat: Oman oil price for September delivery 2025 reached 73 US Dollars today, marking an increase of 1.72 US Dollars compared to yesterday’s price of 71.28 US Dollars.
According to Oman News Agency, the average price of Oman oil for July delivery …
Muscat: European stocks today climbed amid a wave of corporate earnings, while investors assessed the implications of a trade agreement signed this week between the US and the European Union (EU).
According to Oman News Agency, the STOXX 600 Europea…
Muscat: Abraj Energy Services has entered into a strategic agreement with Petroleum Development Oman (PDO) to supply six onshore drilling rigs for Concession Area 6, a vital component of Oman’s energy infrastructure. The drilling operations are antici…
Muscat: Gold prices edged lower in early trade today, weighed down by easing concerns over a global tariff war and a stronger US dollar, while investors focused on the Federal Reserve policy meeting for interest rate clues. Spot gold was down 0.2% at …
