From government finances and business confidence to jobs, borrowing costs and household spending, the consequences of changing oil prices reach far beyond the energy industry. For...
The energy ministers of the Organisation of Petroleum Exporting Countries (OPEC) and their independent partners – the ‘OPEC+’ group – decided to increase crude oil supplies...
Oil prices globally rose by more than US$1 per barrel today, extending gains from the previous trading sessions following a bullish trend among investors, a drop...
Oil prices in the Sultanate have risen by US$3.5 per barrel to peak at US$115.6 per barrel as per a statement revealed by the Oman News...
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...
Muscat: The Sultanate’s oil production stood at 232,942,500 barrels till the end of August 2021, compared to 233,575,200 barrels till the end of August 2020, comprising...
Muscat: Oman oil price (November Delivery 2021) today reached 72.54 US Dollars, comprising a decrease by 89 cents from the price of last (Friday), which was...
Muscat: Oman oil price (October Delivery 2021) today reached 68.80 US Dollars, comprising a rise by 2.70 Dollars compared to the price of yesterday (Monday) which...
Oil slumped below $65 a barrel to the lowest level since May as the US Federal Reserve signaled it was set to start tapering asset purchases...
Muscat: Oman’s crude oil benchmark, better known as Oman Crude Futures Contract, has registered a remarkable recovery and posted a growth of by 300% on the...
