Market

Oman Oil Price Reaches $75.49 a Barrel

The official price of Omani oil, for delivery in October, reached on Wednesday $75.49 per barrel, an increase of 48 cents compared with Tuesday’s price, which amounted to $75.1.

It is noteworthy that the monthly average price of Omani crude oil for d…

China’s Foreign Trade Up 6.2% in First 7 Months of 2024

China’s total goods imports and exports expanded 6.2% year-on-year in the first seven months of 2024 to 24.83 trillion yuan ($3.46 trillion), official data showed on Wednesday.

The country’s exports rose 6.7% year-on-year to 14.26 trillion yuan durin…

Oil Edges Lower on Unexpected Build in US Inventories

Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in US crude oil and gasoline inventories, offsetting global oil supply concerns.

Brent crude futur…