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Dollar Slips on Yen, Swiss Franc, and Yuan Falls

Tokyo: The dollar lost 0.7% to 145.23 yen, heading back toward the recent six-month trough of 144.55 on Wednesday, amid growing concerns in global markets about the possibility of the imminent imposition by the US of 104% tariffs on China spooked worl…

Saudi Energy Minister Announces New Gas, Oil Discoveries

Doha: Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz announced Wednesday the discovery of natural gas fields and other resources in the Eastern Province and the Rub’ Al Khali. The Saudi Energy Minister highlighted that Aramco has made…

Oman Oil Price Drops by $3.22

Muscat: The official price of Omani crude oil for June delivery reached $61.86 per barrel on Wednesday. The price of Omani oil decreased by $3.22 compared to Tuesday’s price of $65.08.

According to Qatar News Agency, the monthly average price of Oma…