Business

Oman Oil Price Up by USD 2.31

Muscat: The official price of Oman crude oil for October delivery rose on Thursday by USD 2.31 to settle at USD 88.31 per barrel, compared to Wednesday’s price of USD 86.41.

According to Qatar News Agency, the monthly average price for Oman crude oi…

Oil Prices Fall 2% on Strait of Hormuz Reopening Hopes

Doha: Oil prices dropped about 2% on Wednesday, extending losses from the previous session, as renewed hopes that the Strait of Hormuz could reopen emerged after Iran said it had resumed talks with Oman on managing the strategic waterway. Brent crude …