Doha: The International Energy Agency (IEA) announced Friday in its monthly report a downward revision of global oil demand growth forecasts. The agency now expects demand to increase by 700,000 barrels per day in 2025, and by 720,000 barrels per

Muscat: The official price of Omani oil for September delivery today was recorded at $70.36 a barrel. The price experienced a decline of $1.52 from Thursday’s price of $71.88 a barrel.

According to Qatar News Agency, the monthly average price

Doha: Oil prices edged higher on Friday after US President Donald Trump indicated he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, while concerns over tariffs and rising OPEC+ output lim…

New york: Gold rose on Friday after US President Donald Trump announced new tariffs on Canadian imports and broader tariff threats to other trading partners, but gains were capped by a stronger dollar amid mounting signs of turmoil in the