Category: Industry

Oman Oil Price Rises $1.94 to $106.75 per Barrel

Muscat: The official price of Oman crude oil for July delivery rose by $1.94 on Friday to reach $106.75 per barrel, compared to Thursday’s price of $104.81 per barrel.

According to Qatar News Agency, the average monthly price of Omani crude for May …

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Oil Gains as Markets Eye Middle East Developments

Lebanon: Oil prices rose on Friday as markets remained cautious over escalating Middle East developments and their potential impact on Strait of Hormuz shipping flows. Brent crude futures climbed 60 cents, or 0.57%, to $106.32 a barrel. US West Texas …

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European Stocks Climb Amid AI Sector Momentum

Doha: European stocks rose in Thursday’s session, supported by momentum in the artificial intelligence sector that outweighed geopolitical concerns related to developments in West Asia. The pan-European STOXX 600 index gained 0.4 percent to 614.05 poi…

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