Category: Business

Oil Prices Rise More than 1 Percent As US Dollar Falls

Oil prices rose more than 1 percent Friday, as the US dollar fell.

Brent crude futures rose 95 cents, or 1.23 percent, to USD 78.17 a barrel, while US West Texas Intermediate (WTI) crude futures rose USD 1.06, or 1.45 percent, to USD 74.07 a barrel….

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Omani Oil Prices Rise $1.47 a Barrel

The official price of Oman oil, for delivery in October, today reached $76.62 cents, up by $1.47 compared to yesterdays price (Thursday), which was $75.15. It is worth noting that the monthly average price of Omani crude oil for delivery in August re…

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European Stocks Stable at the Open

European stock markets stabilized at the start of trading today. The European Stoxx 600 index rose by 0.1% to 516.28 points, after reaching its highest level this month in the previous session. The index is on track to rise for the third consecutive …

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US Crude Oil, Gasoline Inventories Declined Last Week

The US Energy Information Administration announced Wednesday that crude oil, gasoline and distillate inventories in the United States declined last week.

The administration, which is the statistical arm of the US Department of Energy in its short-ter…

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