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Oman Oil Price Rises USD 1.25

Muscat, Oman’s oil price (June delivery 2024) on Tuesday reached USD 88.93, a rise of USD 1.25 compared to Monday’s price which stood at USD 87.68.

The average price of Oman oil (April delivery 2024) stabilized at USD 80.85 per barrel, thus USD 2.10 …

Dollar Steady as Inflation Data Boosts June Rate Cut Bets

Singapore, The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervent…

Iraq: 52 Oil Wells Drilled, Reclaimed in Q1 2024

Baghdad, The Iraqi Ministry of Oil announced that it has succeeded in drilling and reclaiming 52 oil wells during the first quarter of 2024.

Director General of the Iraqi Drilling Company of the Ministry of Oil, Khalid Hamza Abbas stated that the com…