Business

Oil Drops Over Lower Global Demand Forecasts

Muscat: Oil prices fell more than $1 today as forecasters lowered global oil demand projections for 2026. Brent futures dropped $1.29, or 1.5%, at $87.69 a barrel. US West Texas Intermediate (WTI) crude decreased by $1.30, or 1.6%, to $81.97.

Accord…

Business

MSX Index Rises by 27 Points

Muscat: The Muscat Stock Exchange “MSX 30” index today closed at 7,508.77 points, marking a rise of 27.1 points, or 0.36 percent, from the previous session’s close of 7,481.70 points.

According to Oman News Agency, the trading value stood at RO 52,…