August 5, 2024

Oman Oil Exports Exceed 135.3m Barrels by End of June 2024

The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…

Eight Dead, 19 Missing in Flash Floods in China

Eight people were killed and 19 others remained missing after a flash flood and mudslide hit Kangding City in southwest China’s Sichuan Province.

Local authorities reported that a tunnel bridge was toppled and homes were destroyed in Ridi Village, wh…

Oil at 8-Month Low on Recession Fears

Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.

Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Interme…