October 28, 2024

OQ Exploration and Production Shares Listed on MSX

The Muscat Stock Exchange (MSX) celebrated today the listing of OQ Exploration and Production’s (OQEP) shares, marking the commencement of public trading following an Initial Public Offering (IPO) of 25% of the company’s share capital.

With a market …

Dollar Rises Supported by US Bond Yields

The dollar rose today, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts

Oil Prices Slump More Than 4pc

Oil prices tumbled more than $3 a barrel today amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since 1 October 2024 at the open. Brent was at $72.88

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