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Category: Trading

Oil Prices Steady as Investors Focus on Fed Decision

Oil prices held steady today, after rising in the previous two sessions, as investors await the US Federal Reserves anticipated interest rate cut.

Brent crude futures for November dropped 3 cents to $73.67 a barrel. US crude futures for October slid …

European Shares Flat ahead of Fed Rate Decision

European shares were flat today, as investors stayed on the sidelines ahead of an all-important interest rate decision by the US Federal Reserve that could mark the beginning of a monetary-easing cycle in the world’s largest economy.

The pan-European…

Gold Flat as Investors Focus on Fed

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…

Gasoline Production in Oman Up by 25p

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…

Oman Oil Price Rises 18 Cents

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…