Paris: The International Energy Agency (IEA) has revised its forecast, now predicting a decline in global oil demand by 1 million barrels per day in 2026. This adjustment contrasts with its mid-June forecast, which anticipated a 1.1 million-barrel-per…
Muscat: Oil Prices Gain Amid Renewed Energy Supply Concerns: Oil prices edged higher in trading on Friday as renewed concerns over potential supply disruptions, fueled by escalating regional tensions, supported the market.
According to Qatar News Ag…
Muscat: The official price of Omani crude oil for September delivery reached $69.29 today.
According to Qatar News Agency, the price of Omani oil today declined $0.94 from yesterday’s $70.23 a barrel. The monthly average price of Omani crude
Doha: Gold prices rose more than 1 percent on Thursday as investors bought the precious metal to capitalize on its recent losses after it fell to a one-week low. Spot gold climbed 1.3 percent to $4,130.58 an ounce, after dropping