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Oil Prices Rise on Supply Concerns

Muscat: Oil prices rose today as concerns over supply persisted due to a winter storm that disrupted crude oil production and exports in the United States. Brent crude futures gained 28 cents, or 0.4 percent, to USD 67.85 a barrel,

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Oman Oil Price Rises 1.76 US Dollars

Muscat: Oman oil price (March delivery 2026) today reached 64.61 US Dollars, comprising a rise by 1.76 US Dollars compared to the price of yesterday ‘Tuesday,’ which was 62.85 US Dollars.

According to Oman News Agency, the average price of

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EDO Issues USD 10-Year Sukuk Worth RO 250 Million

Muscat: Energy Development Oman (EDO) has successfully issued a USD 10-year Sukuk worth RO 250 million (USD 650 million), set to mature in January 2036. This initiative is aligned with EDO’s ongoing financing strategy, aimed at supporting a portion of…

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