Business

Oman Oil Price Rises by 93 Cents

Muscat: The official price of Oman crude oil for October delivery today settled at USD 87.76 per barrel. The price of Oman oil today recorded a rise of 93 cents, compared to last Friday’s closing price of USD 86.83.

According to Oman News Agency, th…

Business

Oil Rises on Supply Concerns

Muscat: Oil prices rose today as stalled US-Iran peace talks and slower tanker traffic through the Strait of Hormuz heightened concerns about oil supplies. Brent crude futures rose 1% to $89.40 a barrel, while the contract was last up 72 cents at $89….