Business

Oil Rebounds from 16-Week Lows

Muscat: Oil prices rose today, snapping a three-day losing streak and rebounding from 16-week lows. Brent crude futures gained 15 cents, or 0.2%, to $65.50 a barrel. US West Texas Intermediate crude climbed by 14 cents, or 0.2%, to $61.92 a barrel.

Business

Gold Price Drops as Dollar Rises

Muscat: Gold eased today from the record high hit the day before, pressured by profit-taking and a slight uptick in the dollar, although expectations of further US rate cuts and political uncertainty lent some support to prices. Spot gold was down 0.2…

Business

Gold Price Drops as Dollar Rises

Muscat: Gold eased today from the record high hit the day before, pressured by profit-taking and a slight uptick in the dollar, although expectations of further US rate cuts and political uncertainty lent some support to prices. Spot gold was down 0.2…