Salalah:Muscat Salalah Free Zone has entered into a usufruct agreement with Advanced Packaging Company, a branch of Alesayi Holding Company from Saudi Arabia. This partnership aims to establish an industrial project dedicated to producing carbonated b…
Business
OPEC Lowers 2026 Oil Demand Growth Forecast to 400,000 Barrels per Day
Hanoi:The Organization of the Petroleum Exporting Countries (OPEC) has revised its forecast for global oil demand growth in 2026. The projection has been reduced to 400,000 barrels per day, a significant decrease from the initial estimate of 1.4 milli…
Oil Prices Drop Following Russia-Ukraine Energy Agreement
Hanoi:Oil prices saw a decline today amid expectations of increased Russian energy supplies after an announcement of an agreement between Ukraine and Russia to halt strikes on each other’s energy facilities.
According to Oman News Agency, US Preside…