Gold prices were flat today as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.
Spot gold was little changed at $2,571.28 per ounce. Bullion rose to a record high of $2,589.59 on Monday.
US gold fut…
The Sultanate of Oman’s production of gasoline recorded a rise of 25% in July 2024 compared to June 2024, according to preliminary statistics released by the National Centre for Statistics and Information (NCSI).
Meanwhile, the total production of re…
The Sultanate of Oman’s trade balance recorded a surplus of RO 3.658 billion by the end of June 2024, compared to a surplus of RO 3.704 billion during the same period of 2023, according to preliminary statistics issued by the National Center for Stati…
Oman oil price (November delivery 2024) today reached 73.46 US Dollars, comprising a rise by 18 cents compared to the price of yesterday Tuesday, which stood at 73.28 US Dollars.
The average price of Oman oil (September delivery 2024) stabilized at 8…
The US Federal Reserve slashed the targeted range of the benchmark interest rate, for the first time since March 2020, by 0.5 percent to 4.75 to 5 percent, prodded by the inflation’s progress towards the two-percent goal.
“In light of the progress o…
Japan and the United Arab Emirates (UAE) have decided to launch negotiations for a free trade agreement (FTA), Japanese Foreign Minister Yoko Kamikawa announced Wednesday. In a press conference, minister Kamikawa expressed hope of “concluding an ambi…
