Business

Oil Prices Gain on Upbeat China Data

Muscat: Oil prices rose during today’s trading, supported by Chinese economic data that boosted expectations of improved demand. Brent crude futures climbed 19 cents, or 0.3 percent, to $64.13 a barrel, while US West Texas Intermediate (WTI) crude fut…

Business

Dollar at Week Low after Broad Selloff

Muscat: The dollar retreated to its lowest level in a week in early trading today after a broad selloff across stocks and government: The dollar index, which measures the greenback’s strength against a basket of six currencies, slid 0.1% to 99.004 – i…