Oil Prices Fall at Settlement

Oil prices fell Thursday at settlement at the end of trading.

Brent crude futures fell by 58 cents, or 0.77 percent, to settle at $74.38 per barrel.

U.S. West Texas Intermediate (WTI) crude futures fell 88 cents, or 0.82 percent, to settle at $70.1…

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Oil Rises, Heads for Weekly Gain

Oil prices rose on Friday and are on track for a weekly gain of more than 1% amidst tensions in the Middle East, the world’s top oil-producing region.

Brent crude futures climbed 45 cents, or 0.6%, to $74.83 a barrel.

US West Texas Intermediate cru…

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Kuwaiti Oil Reaches $75.54 a Barrel

The price of Kuwaiti oil increased $0.35 a barrel to $75.54 per barrel in trading yesterday, data showed today.

In global markets, Brent crude futures fell by $0.58, reaching $74.38 per barrel at settlement, while US West Texas Intermediate crude fu…

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Kuwaiti Oil Reaches $75.54 a Barrel

The price of Kuwaiti oil increased $0.35 a barrel to $75.54 per barrel in trading yesterday, data showed today.

In global markets, Brent crude futures fell by $0.58, reaching $74.38 per barrel at settlement, while US West Texas Intermediate crude fu…

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Gold Prices Fall amid Geopolitical Tensions

Gold prices eased on Friday but were on track for a third straight weekly gain as elevated geopolitical tensions boosted safe-haven appeal.

Spot gold slipped 0.4% at $2,725.73 per ounce. Prices hit a record high of $2,758.37 on Wednesday and gained …

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GSO, IEC Sign MoU, Regional Adoption Agreement

The Gulf Standardization Organization (GSO) signed a memorandum of understanding (MoU) and a regional adoption agreement with the International Electrotechnical Commission (IEC), on the sidelines of the 88th meeting of the General Assembly of the Com…

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GSO, IEC Sign MoU, Regional Adoption Agreement

The Gulf Standardization Organization (GSO) signed a memorandum of understanding (MoU) and a regional adoption agreement with the International Electrotechnical Commission (IEC), on the sidelines of the 88th meeting of the General Assembly of the Com…

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Omani Oil Prices Retreat $1.33 a Barrel

The official price of Omani oil, for delivery in December, today recorded $74.05 a barrel.

The price of Omani oil saw a decrease of $1.33, compared to yesterday’s price, Thursday, which amounted to $75. 38 cents.

It is worth noting that the monthly…

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