Business

Oman Oil Prices Decline $2.72 a Barrel

Doha: The official price of Oman crude oil for September delivery today was $78.25, a decrease of $2.72 compared to yesterday’s price of $80.97.

According to Qatar News Agency, the monthly average price of Omani crude oil for delivery this July reac…

Kuwaiti Oil Prices Rise $1.69 a Barrel

Doha: The Kuwait Petroleum Corporation announced that the price of a barrel of Kuwaiti oil rose by $1.69 in Thursday’s trading, reaching $86.69 per barrel, up from $85 in previous trading.

According to Qatar News Agency, globally, oil prices decline…

Japan to Cut Consumption Tax on Food to 1 Percent

Doha: Japanese Prime Minister Sanae Takaichi on Thursday said her government will implement a cut in the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting next April, as households continue to s…