September 10, 2025

Oman Oil Price Gains 73 Cents

Muscat: Oman oil price for November delivery 2025 today reached 70.49 US Dollars, marking an increase of 73 cents compared to yesterday’s price of 69.76 US Dollars.

According to Oman News Agency, the average price of Oman oil for September

Industrial Partnership Aims to Reduce Copper Imports

Muscat: Green Tech Mining Services Company and Nuhas Oman Company have entered into a memorandum of understanding (MoU) to explore the localization of copper cathode procurement. This initiative aligns with the Ministry of Commerce, Industry, and Inve…

Duqm Moves Toward a Circular Economy

Duqm: The circular economy is emerging as a promising path to foster sustainable economic growth, with international estimates suggesting it could generate up to $4.5 trillion in economic benefits by 2030. The Sultanate of Oman is increasingly priorit…

Gold Prices Rise Amid Rate-Cut Speculations

Muscat: Gold prices today edged higher, holding above the critical $3,600-per-ounce level, buoyed by expectations of a US interest rate cut this month, while key inflation reports due this week were also on investors’ radar. Spot gold was up 0.3%

Dollar Steady Ahead of Key US Inflation Data

New york: The US dollar held steady today, maintaining earlier gains ahead of two key inflation reports this week-the Consumer Price Index (CPI) and Producer Price Index (PPI)-which are expected to offer fresh signals on the Federal Reserve’s policy o…

Oil Rises on Middle East Tensions, Trade Concerns

Muscat: Oil prices rose today, supported by rising tensions in the Middle East and a call by US President Donald Trump for Europe to impose tariffs on buyers of Russian oil, though gains were limited by a weak market outlook.

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