Category: Business

Oil Prices Rise 1% on US Hurricane Impact Concerns

Oil prices rose more than 1% on Thursday, spurred by concerns of Hurricane Francine impacting output in the US, the world’s biggest crude producer, though worries of lower demand capped gains.

Brent crude futures for November were up $1, or 1.4% at $…

Read More

Omani Oil Prices rises USD 1.7 Per Barrel

The official price of Omani crude oil, for delivery in November, today reached USD 71.92, up by USD 1.07 compared to yesterday’s price (Wednesday) which was USD 70.85.

The monthly average price of Omani crude oil for delivery in September reached USD…

Read More

US Stocks Move Sharply Higher Wednesday

The main stock indices on the Wall closed sharply higher at the end of trading today.

The S and P 500 index ended trading up 56.42 points, or 1.03 percent, to close at 5,551.94 points. The Nasdaq Composite Index rose 365.06 points, or 2.14 percent, t…

Read More