Category: Industry

Dollar Holds Steady, Yen Declines Against Dollar

Doha: The dollar held steady Monday following the conclusion of the first round of talks between the United States and Iran. The British pound fell 0.21% to $1.32103, while the euro pared earlier losses to $1.14647. The risk-sensitive Australian dolla…

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Oman Crude Falls to USD 72.20 per Barrel

Muscat: The official price of Oman crude oil for August delivery stood at USD 72.20 per barrel on Friday.

According to Qatar News Agency, the price declined by USD 1.00 compared to Thursday’s price of USD 73.20 per barrel. The average price of Omani…

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Gold Heads for Third Weekly Loss Amid Stronger Dollar

Geneva: Gold prices edged lower on Friday and were on track for a third consecutive weekly decline, pressured by a stronger US dollar and growing concerns over a potential interest rate hike by the US Federal Reserve. Spot gold fell nearly 2 percent t…

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