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Muscat Stock Exchange Trading Value Exceeds OMR 1.5 bn in April

Muscat: The Muscat Stock Exchange posted a positive performance in April despite a corrective phase that trimmed gains in the main index and sectoral indicators.

According to Qatar News Agency, trading value rose last month to OMR 1.541 billion, br…

Oil Prices Decline at Settlement Amid Strait of Hormuz Closure

Doha: Oil prices fell sharply today, but are still on track for weekly gains as the Strait of Hormuz remains closed. Brent crude futures for July delivery fell $2.23, or 2.02 percent, to settle at $108.17 a barrel. West Texas Intermediate crude future…