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Oman Oil Price Rises by USD 5.25

Muscat: The official price of Oman crude oil for October delivery settled today at USD 83.51 per barrel. The price of Oman oil recorded a rise of USD 5.25 today compared to the price of yesterday Monday which stood at USD 78.26 per barrel.

According…

Japan’s Nikkei Closes Higher on Semiconductor Strength

Japan: Japan’s Nikkei index closed higher today, supported by strong demand for shares of companies linked to the semiconductor industry, despite continued investor caution over the possibility that the authorities could intervene again to buy the yen…

Oil Prices Experience Modest Rebound Amid Market Volatility

Muscat: Oil prices rebounded slightly today after plunging in the previous session. Front-month Brent futures rose $0.62, or 0.7%, to $84.39 a barrel after dropping 7% in the previous session to a three-week low. US West Texas Intermediate (WTI) crude…