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Category: Trading

European Shares Edge Lower as Investors Await Tariff Updates

Muscat: European shares inched lower today as investors awaited further details on the US-China trade negotiations, while also looking ahead to some key corporate earnings and the US Federal Reserve’s policy meeting later this week. The pan-European S…

ASEAN+3 Warns of Protectionism After US Tariffs

Milan: The finance chiefs of the ASEAN Plus Three (APT) – the Association of Southeast Asian Nations (ASEAN) plus Japan, China, and South Korea – have warned of the potential global economic fallout of protectionist trade policies, following the annou…

Oman Oil Price Drops 2.48 US Dollars

Muscat: Oman oil price (July delivery 2025) today reached 59.62 US Dollars, comprising a drop by 2.48 US Dollars.

According to Oman News Agency, the average price of Oman oil for May delivery 2025 has stabilized at 72.51 US Dollars per barrel. This …

Oil Falls More than $2/bbl

Muscat: Oil prices fell more than $2 a barrel in early Asian trade today as OPEC+ is set to further speed up oil output hikes. Brent crude futures dropped $2.15 a barrel, or 3.51%, to $59.14 a barrel, while US West Texas Intermediate crude was at $56….

Muscat International Book Fair Sees 64.81% Surge in Visitors

Muscat: The 29th edition of the Muscat International Book Fair recorded a 64.81% increase in visitors, attracting 649,589 attendees compared to 394,172 in the previous edition. This significant turnout reflects the fair’s leading cultural stature and …