Category: Business

Oman Crude Oil Price Drops by USD 1.86

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 69.91 per barrel today. This marks a decrease of USD 1.86 from Monday’s price of USD 71.77.

According to Oman News Agency, the monthly average price for Oman crude o…

Dollar Extends Gains on Fed Rate Expectations and Oil Recovery

New york: The dollar strengthened today as traders positioned for a Federal Reserve rate hike and oil prices rebounded from sharp losses, while the yen hovered near its weakest level in four decades. US Treasury yields remained elevated after Monday’s…

Oman Mills Company Braces for 2026 Local Wheat Harvest

Oman: Oman Flour Mills company is bracing for the 2026 Omani wheat harvest season, actively receiving crops from farmers in different governorates of the Sultanate of Oman for the sixth year in a row.

According to Oman News Agency, local wheat crop …