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Oman Crude Oil Price Rises by $2.87

Muscat: The official price of Oman crude for May delivery rose to $112.42 per barrel, up by $2.87 from Wednesday’s price of $109.55.

According to Qatar News Agency, on a monthly basis, the average price of Oman crude for March delivery stood at $62…

OECD Lowers Eurozone Growth Forecast

Doha: The Organization for Economic Co-operation and Development (OECD) announced Thursday that it has lowered its growth forecast for the Eurozone to 0.8 percent and predicted higher inflation this year, following a sharp rise in energy prices caused…