Market

Oil Prices See Increase Amid Middle East Developments

Doha: Oil prices rose at the close of trading yesterday, while Brent crude was headed for a weekly loss of about 8 percent, pressured by developments in the Middle East. Brent crude futures climbed 66 cents, or 0.53 percent, to reach $80.38 a barrel, …

Trading Value on Muscat Stock Exchange Tumbled 27% Week-on-Week

Muscat: Trading value on the Muscat Stock Exchange (MSX) last week stood at OMR 139.3 million, compared with OMR 191.4 million in the previous week, down 27%, and executed transactions fell by 24.4%, from 41,000 trades to 31,514 trades.

According to…

Oil Prices Fall About 1 Percent

Doha: Oil prices fell by about one percent in early trading Thursday, amid cautious sentiment in global markets. Brent crude futures dropped 89 cents, or 1.12 percent, to $78.66 a barrel, while US West Texas Intermediate (WTI) crude fell 98 cents, or …