By Ole Hansen, Head of Commodity Strategy at Saxo Bank The commodity sector remains under pressure from a whole host of negative developments. In early June, the...
Opec+ decided to keep its plan to increase production by 648,000 oil barrels per day during August 2022. This came during the organisation’s meeting last week...
Russia cut natural gas off to NATO members Poland and Bulgaria and has threatened to disconnect supplies to even more nations, the Associated Press (AP) news reported...
Petroleum Development Oman (PDO), the leading exploration and oil and gas production company in the Sultanate has purchased GE Digital’s Advanced Energy Management System (AEMS). The GE...
Global crude oil futures, including the WTI and Brent, may continue to drop this week after the US and International Energy Agency (IEA) countries agreed to...
The Sultanate of Oman’s production of crude oil and condensates recorded an increase of 8.2 per cent by the end of February 2022 to reach 60,929,200...
The price of Oman crude oil inched up by 85 cents on Monday [April 4] for June 2022 Delivery to touch US$102.03 per barrel. This marked...
The Oman Petroleum & Energy Show (OPES) will train the spotlight on the latest in the energy sector as it deep dives into the oil and...
Oil prices surged nearly 5 per cent and stock prices dipped after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, bringing a...
Muscat: Petroleum Development Oman (PDO), in cooperation with the Ministry of Labour, today signed agreements with seven contracting companies to provide training coupled with employment to...