Category: Business

Oman Oil Price Reaches $76.16 per Barrel

The official price of Omani oil, for delivery in October, reached on Wednesday USD 76 and 16 cents per barrel, an increase of 45 cents compared with Tuesday’s price, which amounted to USD 75.71.

The monthly average price of Omani crude oil for delive…

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Gold Prices Steady above $2,500

Gold prices held above the $2,500 mark on Tuesday, buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last policy meeting for further cues on interest rate cuts.

Spot gold edged 0.1% higher to $2,…

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China’s Industrial Sector Sees Steady Growth in July

China’s industrial sector registered a steady revenue growth in July 2024, as indicated by an increase in VAT invoice issuance, the State Taxation Administration said.

Tax data revealed a 6% year-on-year growth in the sales revenue of industrial comp…

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