Category: Business

Oman Oil Exports Reach 129.5 Million Barrels

Muscat: The oil exports of the Sultanate of Oman recorded an increase of 2.7 percent by the end of May 2026, reaching 129,496,300 barrels, compared to 126,056,900 barrels during the corresponding period of 2025.

According to Oman News Agency, prelim…

Dollar Holds Firm as Oil Surge Fuels Rate-Hike Bets

Muscat: The dollar maintained its strength against most major currencies today, as renewed tensions in the Middle East revived demand for safe-haven assets, while rising oil prices reinforced expectations of further interest rate hikes, keeping the ye…