Economy
OPEC daily basket price stood at $36.83 a barrel Friday
(WAM) — The price of OPEC basket of thirteen crudes stood at $36.83 a barrel on Friday, 5th June, 2020, compared with $34.84 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
Consulate Office of the Republic of South Africa opens in Muscat, enhancing bilateral relations
Sheikh Suhail Bahwan, Chairman of Suhail Bahwan Group, Passes Away
Maal Card: What Oman’s New National Payment Card Means for Everyday Users
Oman Unveils Official Omani Rial Symbol in Landmark Move to Boost Global Currency Presence
‘Rhythm of Life: Richness and Diversity in Omani Arts’ Exhibition Opens at Royal Opera House of Musical Arts
OER Corporate Excellence Awards 2025 Honours Entities and Innovations in Oman
Dhofar International Development and Investment Company: Driving Sustainable Growth and Strategic Synergies in Oman’s Investment Landscape
Ominvest and Bait Al Zubair Launch “Future Frames” to Empower Youth through Art and AI
Ms. Noor Saldin, Founder of Modern Generation International School, Wins Woman of the Year 2025; School Honored for Empowering Future Female Leaders
OER, October 25
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Renewables are booming, but not fast enough to cap greenhouse emissions
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
-
Magazines1 month agoOER – September 2025 Issue
-
News1 month agoKitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
-
Alamaliktistaad Magazines1 month agoAlam Al Iktisaad – September 2025 Edition
-
News2 months agoCent Capital, AI Finance App by ex-AWS Strategist ‘The Beast of Bay Area,’ Launches to End Financial Anxiety, Hits $1M AUM
-
News1 month agoOman Inaugurates ‘Hadatha’ – Its All-New Cybersecurity Center
-
Banking & Finance1 month agoOman Arab Bank Highlights Its Ongoing Strategic Initiatives and Future Plans
-
News1 month agoIEA Expects Global Oil Market to Remain Oversupplied in 2026
-
Energy1 month agoWLGA Middle East LPG Summit & Expo 2025 to be held at OCEC on November 10 and 11