The official price of Omani oil, for delivery in October, reached on Wednesday USD 76 and 16 cents per barrel, an increase of 45 cents compared with Tuesday’s price, which amounted to USD 75.71.
The monthly average price of Omani crude oil for delive…
Oil prices fell on Tuesday on estimates showing an increase in US crude inventories.
Brent crude futures fell 9 cents, or 0.1%, to $77.11 a barrel, while US West Texas Intermediate crude lost 12 cents, or 0.2%, to $73.05 a barrel.
According to marke…
The South Korea’s finance ministry said Wednesday it will extend the tax cut on fuel for automobiles by another two months until the end of October as concerns linger over the Middle East crisis.
South Korea has been applying a 20% discount on gasoli…
The dollar index, which tracks the currency against the euro, pound, yen and three other major currencies, fell to its lowest since Jan. 2 at 101.34, after falling 0.5% or more in each of the previous three sessions, as traders awaited US jobs data la…