Market

Oman Oil Price Rises to USD 61.47

Muscat: The official price of Oman oil for December delivery reached USD 61.47 per barrel (pb) on Monday. This represented an increase of USD 1.31 compared to Sunday’s price of USD 60.16 pb.

According to Qatar News Agency, the monthly average price …

Gold and Silver Hit Record High Levels

Doha: Gold and silver rose to record levels on Monday, benefiting from weak US labor data and a soft inflation reading, which strengthened bets that the Federal Reserve will cut interest rates next January. Spot gold climbed by about 1 percent, touchi…