Market

Oman’s Oil Price Retreats to $62.67 a Barrel

Muscat: The official price of Omani crude oil for January delivery was set at $62.67 per barrel on Friday. The price experienced a decline of $1.72 per barrel from the previous day’s price of $64.39 per barrel.

According to Qatar News Agency, the mo…

Qatar Engages in Global Diamond Trade Governance at Dubai Meeting

Dubai: The State of Qatar participated in the high-level international ministerial meeting in Dubai on the sidelines of the 2025 Kimberley Process Plenary, focusing on regulating the global diamond trade. The meeting gathered ministers and senior offi…

Oil Prices Extend Losses Amid Supply Concerns, Stronger Dollar

Doha: Oil prices fell for a third consecutive session on Friday, weighed down by expectations of higher global supply as the United States seeks to broker a peace agreement between Russia and Ukraine. Brent crude futures fell 71 cents, or 1.12%, to $6…

Gold Slips as Markets Scale Back December Rate-Cut Hopes

Doha: Gold prices fell in Asian trading on Friday, putting the precious metal on track for a weekly decline, after stronger-than-expected US employment data reduced the likelihood of an interest rate cut in December. Gold prices experienced a 0.2% dip…