Muscat: OQ Exploration and Production (OQEP) announced the successful commissioning of the Bisat-C Expansion Facilities in its flagship Block 60 license, bringing the total oil processing capacity to 67,000 barrels per day.

According to Oman News A…

Muscat: The number of visitors to the Khareef Dhofar (monsoon) season from 21 June to 15 August reached 827,115, marking a 2.1% increase compared to the same period in 2024, when the number stood at 810,085. These figures are based

Muscat: The Muscat Stock Exchange (MSX) index has successfully surpassed the 5,000-point barrier for the first time in nearly eight years. This achievement reflects the strength of Oman’s capital market and the increasing confidence of investors in th…

London: Oil prices today edged down, after surging nearly 2% in the previous session. Brent crude futures fell 16 cents, or 0.23%, to $68.64 per barrel, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25%, to

Muscat: Gold today rose to a two-week high, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since

Muscat: The US dollar today surrendered gains in early trading in Asia after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position. The dollar index fell 0.3% to 98.187 after Trump made the

Muscat: Acting in cooperation with the Saudi Export Development Authority, the Ministry of Commerce, Industry and Investment Promotion organized bilateral meetings in Muscat between Omani factory entrepreneurs and their Saudi counterparts. The discuss…