Oil & Gas
Oil Prices Rise Amid Middle East Tensions

Oil prices rose today amid growing concerns over a potential escalation of conflict in the Middle East, which could threaten crude supplies from this key exporting region.
Brent crude futures increased by 94 cents, or 1.27 per cent, reaching US$74.84 per barrel, while US West Texas Intermediate (WTI) crude futures gained 99 cents, or 1.41 per cent, settling at US$71.09 per barrel.
Earlier in the session, both benchmarks had surged by more than US$1 a barrel.
Meanwhile, US crude inventories saw an unexpected rise of 3.9 million barrels, reaching a total of 417 million barrels for the week ending 27 September 2024.
-
OER Magazines2 months ago
OER, April 25
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, April 25
-
Renewables1 month ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Business1 month ago
St. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Leaders Speak1 month ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Banking & Finance2 months ago
How Bank Muscat is Pioneering Digital Solutions to Empower Customers
-
Alamaliktistaad Magazines4 weeks ago
Al-Iktisaad, May 25
-
Banking & Finance2 months ago
How is National Bank of Oman Working Towards Creating a Robust Fintech Ecosystem?