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Category: Trading

Gold Up as Investors Await US Economic Data

Gold prices inched higher today, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.

Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.

As for other precious …

Oil Prices Rise Affected by Falling US Crude Inventories

Oil prices rose today after several days of decline, affected by falling US crude inventories.

Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or 0.5%, t…

MSX Gains 5 Points

Muscat Stock Exchange (MSX) general index (30) today gained (5.8) points, comprising a rise by (0.12%) to close at (4667.43) points, compared to the last session, which stood at (4661.63) points.

The trading value today stood at (RO 2,855,253), compr…

Oman Oil Price Drops 1.29 US Dollars

Oman oil price (September delivery 2024) today reached 80.66 US Dollars, comprising a drop by 1.29 US Dollars, compared to the price of yesterday (Tuesday) which stood at 81.95 US Dollars.

The average price of Oman oil (July delivery 2024) has stabil…

Kuwait reports KD 1.6 bln in actual deficit for FY 23-24

The Ministry of Finance announced on Wednesday that the budget’s actual deficit hit KD 1.6 billion (nearly USD 5.2 billion) in the fiscal year 2023/2024.

The figure reflects a decrease of 17.9 percent compared to last year, according to a ministry pr…