Muscat: The Port of Duqm received one of the world’s largest Roll-on/Roll-off (Ro-Ro) ships, owned by BYD, marking the first arrival of a vessel belonging to the company to the Sultanate of Oman, arriving from the People’s Republic of China. This refl…
Gold Rises as Dollar and Yields Ease
Muscat: Gold prices rose today as the US dollar and Treasury yields eased, while investors prepared for US nonfarm payrolls data that could influence expectations for the Federal Reserve’s next policy move. Spot gold increased by 0.5% to $4409.97 per …
Oil Edges Down Amid Uncertainty Over US-Iran Strikes
Muscat: Oil prices edged lower today as investors weighed the uncertainty of renewed military strikes between the US and Iran. Brent crude futures fell 43 cents, or 0.45%, to $95.20 a barrel, while U.S. West Texas Intermediate crude futures were down …