April 9, 2025

Oman Oil Price Drops by $3.22

Muscat: The official price of Omani crude oil for June delivery reached $61.86 per barrel on Wednesday. The price of Omani oil decreased by $3.22 compared to Tuesday’s price of $65.08.

According to Qatar News Agency, the monthly average price of Oma…

Saudi Energy Minister Announces New Gas, Oil Discoveries

Doha: Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz announced Wednesday the discovery of natural gas fields and other resources in the Eastern Province and the Rub’ Al Khali. The Saudi Energy Minister highlighted that Aramco has made…

European Stocks Fall as US Reciprocal Tariffs Take Effect

Doha: European stocks fell on Wednesday as the US tariffs took effect, exacerbating concerns about the economic damage caused by the trade war, which has even extended to the bond market. The STOXX Europe 600 index fell 2.5%, erasing the previous sess…