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Category: Industry

Oil Extends Gains on US Output Concerns

Oil prices extended gains on Tuesday as the market eyed US output concerns in the aftermath of Hurricane Francine and expectations of lower US crude stockpiles.

Brent crude futures for November rose 16 cents, or 0.2% at $72.91 a barrel at 0120 GMT. U…

Dollar Falls, Yen Rises amid US Rate Cut Expectations

The dollar index fell 0.15% to 100.87 on Monday, while the yen reached its highest levels in more than a year in limited trading, amidst expectations of a rate cut decision by the US Federal Reserve this week.

The dollar was down 0.47% at 140.15 yen,…

Oil Prices Inch Up on Fed Rate Cut Outlook

Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.

Brent crude futures for November were up 15 cent…

Gold Hits All-Time High on Deeper Fed Rate Cut Expectations

Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate cut by the US Federal Reserve this week.

Spot gold was up 0.4% to $2,585.54 per ounce, after hitting an all-time high of $2,588.81 earl…

Es’hailSat Partakes in IBC 2024 in the Netherlands

Es’hailSat participated in the annual IBC exhibition in Amsterdam, the Netherlands, which serves as the premier platform for the broadcast, content delivery, digital media, and satellite sectors spanning the Middle East, Africa, and Asia.

During the …

Muscat Stock Exchange Index Closes Down

Muscat Stock Exchange (MSX) 30 Index closed Monday at 4,730.90 points, down 14.7 points or 0.31 percent, compared to the last trading session which reached 4,745.56 points.

The trading value amounted to OMR 1,497,482, a decrease of 53.7 percent, comp…

Popular News

Israeli Forces Arrest 21 Palestinians Across West Bank

Qalqiliya:Occupied Jerusalem The Israeli occupation forces arrested 21 Palestinians, including a journalist, during operations across various areas of the West Bank.

According to Qatar News Agency, the arrests took place in Qalqiliya, where the forc…