Oil & Gas
OPEC Maintains Its Expectations Of An Increase In Oil Demand In 2023
The Organisation of the Petroleum Exporting Countries (OPEC) maintained its forecast for global oil demand growth in 2023 for the fourth consecutive month.
However, it also highlighted the growing uncertainty in the global economy, citing a slowdown in growth during the second half of the year.
According to OPEC’s monthly report, global oil demand is projected to increase by 2.35mn barrels per day, equivalent to a 2.4 per cent rise, in 2023.
The report further noted that OPEC’s oil production declined by 464 thousand barrels per day in May. This decrease was attributed to the voluntary production cuts implemented by Saudi Arabia and other member countries of the organisation.
Oman Investment Authority launches the Sultanate’s First Energy Transition Fund
Russia offers diverse tourism and education opportunities: Sofia Malyavina
Gulnara Agamova Spotlights Moscow’s Creative Economy and Gaming Industry at SPIEF 2025
Yevgeny Pankevich: Orchestrating Saint Petersburg’s Tourism Renaissance
Suzuki Oman Launches Exciting Summer Campaign
Sur Industrial City attracts chemical industry with an investment of RO9.6 million
Al Mouj Muscat Launches Azura Beach Residences, Oman’s First Dual-Frontage Coastal Community
MG ZS continues to set the standard for Compact SUVs in the Sultanate of Oman
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
Dollar drops to near multi-year lows as US tariff deadline approaches
-
Banking & Finance3 weeks agoOman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Renewables2 months agoJindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
OER Magazines2 months agoOER, May 2025
-
Alamaliktistaad Magazines2 months agoAl-Iktisaad, May 25
-
Bahrain3 weeks agoSPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance1 month agoCentral Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months agoUnited Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Insurance1 month agoLiva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025