Basra Heavy and Medium crude prices rose slightly on Monday, with global oil prices stabilizing.

Basra Heavy crude increased by 8 cents to $75.84 per barrel, while Basra Medium crude

Meethaq Islamic Banking has launched a Sharia-Compliant Equity Fund, in partnership with Bank Muscat’s Asset Management Unit.

The Fund is designed to capitalize on the growing potential of the economies

Japan’s yen today hit its highest levels against the dollar since January 2024, as markets extended moves triggered last week after weak US labour data stoked recession worries and expectations

Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect

Gold prices drifted higher today, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting

Muscat Stock Exchange (MSX) general index (30) today lost (44.9) points, comprising a drop by (0.97%) to close at (4602.25) points, compared to the last session, which stood at (4647.20)

The US Energy Information Administration (EIA) announced that Iraq’s oil exports to America increased during the past week.

The EIA said in a table that “the average US imports of

Prime Minister Mohammed Shiaa al-Sudani chaired today, Sunday, the periodic meeting to follow up on oil sector projects.

Source: National Iraqi News Agency