Category: Business

Oil Declines, Brent Crude at $89.45 pb

Muscat: Oil prices relinquished some of their gains today, with Brent crude futures falling $1.29, or 1.42%, at $89.45 a barrel. US West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to $83.90 a barrel. Preliminary shipping data showed th…

Oman Oil Price Rises by USD 1.37

Muscat: The official price of Oman crude oil for September delivery settled today at USD 80.97 per barrel. The price of Oman oil recorded an increase of USD 1.37 today compared to yesterday Wednesday’s closing price of USD 79.60.

According to Oman Ne…

Japan’s Nikkei Index Rises Amid Strong Semiconductor Earnings

Muscat: Japan’s Nikkei index closed higher in trading today, supported by strong earnings expectations for Advantest, which boosted semiconductor-related stocks, while bank shares weighed on the broader Topix index.

According to Oman News Agency, t…