Category: Production

Oman Crude Oil Price Rises by USD 7.57/Barrel

Muscat: The official price of Omani crude oil for September delivery reached USD 97.08 on Thursday, marking an increase of USD 7.57 compared to yesterday’s price of USD 89.51.

According to Qatar News Agency, the average monthly price of Omani

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US Oil Inventories at Lowest Level Since 1984

Doha: The US Energy Information Administration (EIA) announced that total US crude oil inventories, comprising both commercial stockpiles and the Strategic Petroleum Reserve, decreased by 131.6 million barrels to 723.1 million barrels last week. This …

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Gold Prices Hit Two-Week High

Doha: Gold prices rose to a two-week high on Tuesday: Spot gold climbed 1.7 percent to $4,145.24 an ounce, after hitting its highest level since Jul. 7 earlier in the day. US gold futures for August delivery jumped 1.9 percent

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