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Category: Industry

Oil Prices Gain Amid Renewed Energy Supply Concerns

Muscat: Oil Prices Gain Amid Renewed Energy Supply Concerns: Oil prices edged higher in trading on Friday as renewed concerns over potential supply disruptions, fueled by escalating regional tensions, supported the market.

According to Qatar News Ag…

Omani Crude Oil Price Reaches $69.29 a Barrel

Muscat: The official price of Omani crude oil for September delivery reached $69.29 today.

According to Qatar News Agency, the price of Omani oil today declined $0.94 from yesterday’s $70.23 a barrel. The monthly average price of Omani crude oil fo…

Dollar Stands Tall as Fuel Oil Price Surge

Doha: The dollar held firm against most major currencies on Thursday as renewed US strikes on Iran revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure. The dollar fetched 162.41 yen, hoverin…

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