John Fredriksen and Trafigura-backed bunker supplier TFG Marine is forming a new joint venture to capture ship fuel volumes in Oman. The company said it has signed a deal to set up TFG-OOMCO with Oman ...

Muscat, Oman – Oman Oil Marketing Company (OOMCO) announced a special two-day offer on its premium-grade Ultimax98 fuel, Oman’s only 98-octane fuel, to mark Ascension Day of His Majesty Sultan Haitham ...

Muscat – Oman’s trade surplus increased by RO218mn to reach RO6.562bn during the first ten months of 2024, compared to ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Oman Oil Marketing Co. (OOMCO) and TFG Marine, a leading international marine fuel joint venture (JV) founded by Trafigura, Frontline and Golden Ocean, have established a bunker fuel JV to supply ...

India and Oman are looking at sealing a broad trade and investment pact this year that will cut tariffs on each other's goods ...

MUSCAT: Gulf Mercantile Exchange (GME), the premier international commodity exchange in the Middle East, recorded continued ...

Countries like the UAE and Oman are developing local oil exchanges to push for more influence on global oil markets.

A fresh round of negotiations was held in New Delhi on Jan. 13 and 14, and it is learnt that progress has been made on a ...

World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...

Merging one or more of the Middle East exchanges and expanding their capabilities could lead to an ultimate crude oil ...