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Oman Oil Prices Down by 5.87 Percent

August 5, 2024

The official price of Omani oil, for delivery in October, reached on Monday USD 74.55 per barrel, a decrease of USD 4.65 (5.78 percent) compared with Friday’s price, which was USD 79.20 per barrel.

It is noteworthy that the monthly average price of O…

EPR program steering committee holds 1st meeting

August 5, 2024

Amman: Deputy Prime Minister and Minister of Local Administration, Tawfiq Kreishan, chaired on Monday the first meeting of the Steering Committee formed to implement the provisions of the Extended Producer Responsibility (EPR) national mechanism to ad…

Oman Oil Exports Exceed 135.3m Barrels by End of June 2024

August 5, 2024

The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…

Gold Rises Amid US Recession Fears

August 5, 2024

Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.

Spot gold rose 0.14 percent to USD 2,446.83 per…

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