Category: Business

MSX 30 Index Sees Modest Rise Amid Increased Trading Activity

Muscat: The Muscat Stock Exchange “MSX 30” index closed today at 7,117.20 points, marking an upturn of 5.8 points, or 0.08 percent, from the previous session’s close of 7,111.42 points.

According to Oman News Agency, the trading value reached RO 60…

Oil Hits Six-Week High as Middle East Tensions Persist

Muscat: Oil prices rose more than 1.5% today, reaching their highest level in over six weeks, amid renewed military tensions between the US and Iran and concerns about supply disruptions. Brent crude futures rose $1.93, or 2%, to $96 per barrel, their…

Oil Edges Higher as US Launches Fresh Strikes on Iran

Muscat: Oil prices recorded a slight gain in early trading today, driven by concerns over supply disruptions after US forces continued their strikes on Iranian military targets for an 11th consecutive night. Brent crude futures rose 0.55 percent, or 5…