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

While major ruptures are not expected, Gulf states are urging a tougher stance on Israel and a softening toward Iran, ...

Muscat – Oman’s trade surplus increased by RO218mn to reach RO6.562bn during the first ten months of 2024, compared to RO6.344bn recorded in the corresponding period of 2023, thanks to a significant ...

Muscat – Oman crude price surged by 5.5% on Monday to its highest level in four months, reaching $82.22 per barrel, driven by renewed global supply concerns following fresh sanctions targeting ...

Shell begins commercial production at its Whale oil field in the Gulf of Mexico, while writing down a promising oil discovery ...