Market

US Stock Indexes Close Higher, S&P 500 Hits Record High

New york: Major US stock indexes closed higher on Friday, with the S and P 500 reaching a record high as investors responded to weaker-than-expected US jobs data that reduced expectations of a Federal Reserve interest rate hike in September.

Accordin…

Oil Prices Rise as Markets Monitor Geopolitical Developments

Oil prices extended their gains in trading on friday as markets continued to monitor geopolitical developments in the middle east:ifth of global oil and liquefied natural gas supplies transit. Brent crude futures rose 99 cents, or 1.2 percent, to $83….

Oman Oil Prices Rise $2.34 a Barrel

Muscat: The official price of Oman crude for October delivery stood today at $79.78 per barrel. The price of Oman crude rose by $2.34, compared with yesterday’s price of $77.44 per barrel.

According to Qatar News Agency, the average monthly price of…