Muscat: The inflation rate in the Sultanate of Oman reached 3.2 percent during July 2026 compared to the corresponding month of 2025, while the average inflation rate for the period from January to July of the current year stood at 2.9 percent.
Acc…
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Oman Oil Price Rises by USD 1.69
Muscat: The official price of Oman crude oil for delivery in October 2026 settled today at USD 94.91 per barrel. This adjustment indicates a notable increase of USD 1.69 compared to yesterday’s closing price of USD 93.22 per barrel.
According to Oman…
Gold Retreats 0.6% After Scaling Over 2-Month Peak
Muscat: Gold fell today, as investors took profits after prices surged to their highest level in more than two months following a surprise US Treasury liquidity-support announcement for long-duration bonds that weakened the dollar and pushed Treasury …