Market

Oman Oil Price Sees Significant Increase

Muscat: The official price of Oman crude oil for June delivery reached USD 104.79 per barrel on Thursday. This marks a notable rise of USD 5.53 compared to Wednesday’s price of USD 99.26 per barrel.

According to Qatar News Agency, the monthly averag…

Saudi Arabia, UK Discuss Energy Cooperation

Riyadh: Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz and British Foreign Secretary Yvette Cooper, who is visiting Saudi Arabia, discussed on Thursday the prospects for cooperation between the two countries in various fields, particu…

Oil Prices Rise Over 9 Percent at Settlement

Doha: Oil prices rose more than 9 percent at settlement Thursday, amid concerns about a prolonged supply disruption due to the ongoing war in the Middle East. Brent crude futures rose $8.48, or 9.22 percent, to settle at $100.46 a barrel, their highes…