Muscat: The general consumer price index (CPI) in the Sultanate of Oman recorded an increase of 1.5 percent in October 2025 compared to the corresponding month in 2024, based on the base year 2018. The average inflation rate for the period from Januar…
Business
Oil Prices Fall for Second Day on Surplus Concerns
Muscat: Oil prices fell for a second consecutive session today amid growing concerns over a potential supply surplus, driven by rising crude and fuel inventories. Brent crude futures were down 13 cents, or 0.21%, at $62.32 a barrel, after falling 1.1%…
Tender Results of Government Treasury Bills Worth RO 47 Million Issued
Muscat: The total issuance of Government Treasury Bills amounted to RO 47 million this week, for a maturity period of 91 days. The average accepted price reached RO 99.055 for every RO 100, and the minimum accepted price arrived at RO 99.045 per RO 10…