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Oman Oil Price Rises by Over USD 3 per Barrel

Muscat: The official price of Oman oil for May delivery reached USD 147.79 per barrel (pb) on Monday, up USD 3.43 from Friday’s price of USD 144.36.

According to Qatar News Agency, the average monthly price of Omani crude oil for March delivery stoo…

Gold Prices Slip as Hopes for US Rate Cuts Diminish

Riyadh: Gold prices edged lower Monday, weighed down by receding hopes for a near-term US interest rate cut due to rising energy prices, while a weaker dollar helped limit the losses. Spot gold fell 0.2 percent to $5,007.58 per ounce. US gold futures …

European Stock Markets Experience Gains Amidst Oil Price Decline

London: European stock indices closed higher Monday, as lower oil prices brought calm to investors who had been affected by the escalating conflict in the Middle East.

According to Qatar News Agency, the pan-European Stoxx 600 index closed up 0.45 p…