Day: July 9, 2024

State Public Revenue till May 2024 Stand at over RO 5 Billion

Muscat, The State’s public revenue at the end of May 2024 amounted to RO 5,075 million, down by 7% compared to RO 5,463 million registered over the same period in 2023. This is mainly due to a decrease in hydrocarbon and non-hydrocarbon revenues, acco…

Oil Prices Drop to a Week Low

New York, Oil prices dropped by about one percent at the close of today’s trading session, marking their lowest level in a week. Brent crude futures fell by 79 cents, or 0.9 percent, settling at $85.75 per barrel. Similarly, West Texas Intermediate (W…

Gold Edges Higher After Falling over 1%

Singapore, Gold prices firmed today as the dollar remained soft, with investors awaiting Federal Reserve Chair Jerome Powell’s testimony and June inflation data to assess the next policy move by the US central bank.

Spot gold rose 0.4% at $2,368.06 p…