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Oman Crude Oil Price Drops by USD 4.06

June 15, 2026

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 76.93 per barrel today. This marks a decrease of USD 4.06 from last Friday’s price

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Eurozone Reports Significant Trade Deficit in April Due to Rising Energy Imports

June 15, 2026

Brussels: The eurozone recorded a pound 1.0 billion deficit in goods trade with the rest of the world in April 2026, swinging from a surplus of pound 8.7 billion in

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Economic Coordination Council’s Establishment Boosts Private Sector’s Role in Economic Growth

June 15, 2026

Muscat: Faisal Abdullah Al Rowas, Chairman of the Board of Directors of Oman Chamber of Commerce and Industry (OCCI), affirmed that the Royal directives of His Majesty Sultan Haitham bin

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Oman-Pakistan Friendship Association Inaugurated to Bolster Bilateral Ties

June 14, 2026

Muscat: Oman-Pakistan Friendship Association (OPFA) held its Official Announcement Ceremony at Muscat marking a significant milestone in strengthening the longstanding friendship, cooperation, and cultural ties between the Sultanate of Oman

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South Korea’s ICT Exports Surge to Record High in May on AI Chip Demand

June 14, 2026

Seoul: South Korea’s exports of information and communication technology products reached an all-time monthly high in May 2026, driven by strong demand for semiconductors and other artificial intelligence-related items. ICT

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European Central Bank Anticipates Interest Rate Hike Amid Rising Inflation

June 11, 2026

Frankfurt: The Governing Council of the European Central Bank convenes today for its regular policy meeting, amid widespread expectations of approving an increase in key interest rates for the first

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European Central Bank Anticipates Interest Rate Hike Amid Rising Inflation

June 11, 2026

Frankfurt: The Governing Council of the European Central Bank convenes today for its regular policy meeting, amid widespread expectations of approving an increase in key interest rates for the first

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Crude Prices Extend Gains as Middle East Hostilities Reignite

June 11, 2026

New york: Oil prices continued their upward trajectory, gaining more than two dollars per barrel today, following the United States’ launch of airstrikes against Iran. Brent crude futures climbed USD

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