News
Oil Slips as Trump Repeats Call for OPEC to Reduce Prices
Oil prices fell more than 1 per cent today after US President Donald Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost US oil and gas output.
Brent crude futures dropped 87 cents, or 1.11 per cent, to US$77.63 a barrel after settling up 21 cents on Friday.
US West Texas Intermediate crude was at US$73.77 a barrel, down 89 cents, or 1.19 per cent.
President Trump on Friday reiterated his call for the Organization of the Petroleum Exporting Countries to cut oil prices. However, OPEC and its allies including Russia have yet to react to Trump’s call, with OPEC+ delegates pointing to a plan already in place to start raising oil output from April.
The Sultanate of Oman & Republic of Rwanda Sign Two Agreements, Six MoUs
Amr Baabood: Oman Climate Week Is About Moving From Climate Ambition to Climate Action
Electric vs Petrol: Which Is Actually Cheaper to Run in Oman?
How Much Will It Cost to Charge an Electric Car in Oman?
HM The Sultan Receives President of Rwanda
Oman’s Mwasalat To Get New Hyundai Hydrogen-Powered & Smart Buses
The GCC’s 10 Richest Billionaires: Inside US$253.5 Billion of Wealth
Construction Begins on Investment Projects at Al Suwaiq Industrial City
OPEC+ Holds Output Steady for October as Focus Shifts to 2027 Quotas
OMR 100,000: Muscat Apartment vs Stock Market – Which Investment Builds More Wealth?
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
Hospitality Industry in Oman Estimated 90% Growth in 2022
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
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
Amr Baabood: Oman Climate Week Is About Moving From Climate Ambition to Climate Action
Mayan Al Asfoor on Leadership, Legacy and Empowering Omani Talent
LEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
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
-
Banking & Finance2 months agoBank Muscat posts net profit of RO137.49 million in H1 2026
-
Magazines2 weeks agoOER Magazine July Edition 2026
-
Highlights3 weeks agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Banking & Finance1 month agoOman Housing Bank launches digital waiting list for housing loans
-
Magazines2 weeks agoAl Mar’a Magazine July 2026
-
News4 weeks agoMade by Google 2026: Top 10 Biggest Launches You Need to Know – From the New Pixel 11 to a Life-Saving AI Watch
-
Alamaliktistaad Magazines2 weeks agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Banking & Finance4 weeks agoOman Arab Bank CEO Sulaiman Al Harthi Retires as Ali Al Mani Is Named Successor