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Category: Trading

Dollar Drops as Optimism Over US Trade Deals Grows

New york: The US dollar today wallowed near its lowest level in nearly four years against the euro as market optimism over US trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The dollar index, which measures the US currency a…

Oil Prices Decline as Geopolitical Risks in Middle East Recede

Muscat: Oil prices today fell 1% in early Asian trading, as easing geopolitical risks in the Middle East and the possibility of a further increase in OPEC+ production in August bolstered supply expectations. Brent crude futures for August delivery fel…

Gold Falls to One-Month Low as Trade Tensions Ease

Muscat: Gold prices today fell to their lowest in more than a month, as easing trade tensions between US and China dampened safe-haven demand. Spot gold was down 0.3% at US$3,264.64 per ounce, after hitting its lowest level since 29 May 2025. US gold …

Oman Oil Price Rises 14 Cents

Muscat: Oman oil price for August delivery 2025 has increased to 68.61 US Dollars, marking a rise of 14 cents compared to last Friday’s price of 68.47 US Dollars.

According to Oman News Agency, the average price of Oman oil for June delivery 2025 has…