Muscat: Oil prices extended gains today, with Brent headed for a record monthly rise, amid escalating military tensions in the Middle East. Brent crude futures jumped $2.43, or 2.16%, to $115 a barrel after settling 4.2% higher on Friday. US West Texa…
Muscat: Australian Prime Minister Anthony Albanese announced today a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East. In a stat…
New york: Gold prices edged up today as the dollar softened, but gains were capped by a surge in energy prices that fueled inflation worries and further dimmed expectations for US Federal Reserve interest rate cuts this year. Spot gold rose 0.3% to $4…
Muscat: The official price of Oman crude oil for May delivery settled at USD 104.84 per barrel today. This marks a decrease of USD 14.68 compared to last Friday’s closing price of USD 119.52 per barrel.
According to Oman News Agency, the monthly aver…
Eurozone: Eurozone government bonds are poised to register one of their weakest monthly performances in a decade, driving borrowing costs in several member states to the highest levels seen in years, as investors grow increasingly anxious over the spi…
Muscat: The Ministry of Transport, Communications and Information Technology has introduced the “Oman Maritime Portal,” a digital platform that aims to deliver over 90 maritime e-services. This initiative is designed to streamline procedures, enhance …
