MUSCAT: The Sultanate of Oman’s gross domestic product (GDP) at current market prices grew by 1% in 2024, reaching RO 41.119 ...

Strengthening local businesses leads to a decline in expensive imports, improving Oman’s foreign trade balance, foreign ...

MUSCAT: The official price of Oman oil for May delivery reached $74.44 on Tuesday, March 25. The price of Oman oil increased ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact ...

Asyad Shipping had raised $332.8 million after offering 1.04 billion shares, representing a 20% stake. The final offer price ...

Reacting to the latest development, the Venezuelan government has stated that Venezuela firmly and explicitly rejects the new ...

The market expands with rising air travel, especially in Asia-Pacific. Jet A1 leads, but biofuels grow as SAF investments target 50% emission cuts by ...

Discover how to navigate market volatility and earn up to 11% yields. Click for our strategy in turbulent times and how we ...

Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

Crude oil futures tumbled to trade near their lowest levels in years on Wednesday as jitters about U.S. tariffs and a ...