Singapore: Gold prices were little changed in early Asian trading on Friday and were on track for a fourth consecutive weekly gain, as easing concerns over inflation and US interest rate hikes supported sentiment, alongside cautious optimism over geop…
Muscat: The official price of Oman crude oil for June delivery rose to $101.91 per barrel on Friday, according to data released in Muscat. This increase marks a gain of 66 cents compared to Thursday’s price of $101.25, continuing an upward trend in re…
Istanbul: Executive Director of International Energy Agency (IEA), Fatih Birol, said restoring energy production in the Middle East following the recent military escalation could take around two years. In press remarks on Friday, Birol noted that reco…
Istanbul: HE Minister of Finance Ali bin Ahmed Al Kuwari held a series of bilateral meetings with HE Minister of Economy and Finance of Italy, Giancarlo Giorgetti; HE Chancellor of the Exchequer of the UK, Rachel Reeves; and HE First Vice-President of…
Istanbul: Oil prices edged lower in early trading on Friday amid cautious optimism that the United States and Iran may be nearing an agreement, a development that could help ease regional tensions. Brent crude futures fell $1.34, or 1.35%, to $98.05 a…