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Oman Oil Price Up by Over USD 1 Per Barrel

Muscat: The official price of Oman oil for May delivery reached USD 82.09 per barrel (pb) on Tuesday, comprising a USD 1.69 increase compared to Monday’s price of USD 80.40.

According to Qatar News Agency, the average monthly price of Omani crude oi…

Oil Extends Rally Amid Supply Disruption Fears

Doha: Oil prices extended their gains for a third consecutive session on Tuesday, amid mounting concerns over potential supply disruptions in the Middle East. Brent crude futures rose $1.10, or 1.4%, to $78.83 per barrel. US West Texas Intermediate (W…

Nikkei Falls Over 2% in Early Trade on Oil Price Concerns

Tokyo: Japan’s Nikkei index slid more than 2% in morning trading on Tuesday, as investors reacted to rising oil prices and heightened Middle East tensions. The Nikkei 225 index declined by 1,329.97 points, or 2.29%, to 56,727.27 compared with the prev…