Gold: Gold rose for a third straight session on Tuesday as fears of a US interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve’s latest meeting for fresh clues on the monetary policy path. Spot gold was up 0.4% …
Iraq: Iraqi crude oil exports have tumbled from 3.4 million barrels per day to between 1.5 million and 1.7 million barrels per day due to the closure of the Strait of Hormuz. Minister of Oil Basim Khudair said Saturday that the country’s current crude…
Libya: A drone slammed into an untreated naphtha storage tank at Libya’s Zawiya refinery Saturday, Azzawiya Oil Refining Company said in a statement.
According to Qatar News Agency, the impact caused a leak after the drone exploded at the tank wall,…
Muscat: The benchmark index of the Muscat Stock Exchange extended its gains for a second consecutive week, supported by increases in a number of leading stocks across the listed sectors. The index gained around 90 points over last week’s trading, foll…