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Oman Crude Oil Inches Towards US$90pb – But Why Are Prices Rising?

The price of Omani crude oil for December 2022 delivery hit US$89.76 per barrel, today , constituting an increase of US$4.02 per barrel from...
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REPORT: Global Crude Oil Prices Could Decline As US, IEA Nations Release Stockpile

Global crude oil futures, including the WTI and Brent, may continue to drop this week after the US and International Energy Agency (IEA) countries...
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Oman Crude Oil Price Rises By 85 Cents To Touch US$102.03

The price of Oman crude oil inched up by 85 cents on Monday for June 2022 Delivery to touch US$102.03 per barrel. This marked...
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Oil Prices On The Rise Globally Amid Fears Of Omicron Outbreak

Oil prices in markets across the globe are on the rise as investors fear another outbreak of COVID-19. This comes on the heels of...
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U.S. Stock Futures Plummet, Oil and Copper Drop

U.S. stock futures fell Thursday, while oil and copper prices retreated and the dollar strengthened as investors weighed the likely reduction in stimulus measures by...
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REPORT: Oman Crude Oil Prices Hit 12-Month High At US$64.88

Muscat: The price of Oman oil has exceeded the US$64 mark per barrel after a 12-month gap, the Dubai Mercantile Exchange (DME) has revealed. Clocking...
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Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout

Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout

(Bloomberg) -- The Indian rupee slid to near a record low and equities approached a bear market as continued worries over the economic impact from...
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iraq oil

Goldman Lifts 2020 Oil Forecasts as OPEC Cuts Tighten Market

(Bloomberg) --Goldman Sachs raises 2020 Brent spot price to $63/bbl from $60 previously, according to emailed report. Long-term anchor price still seen at $55/bbl. ...
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Middle East Oil Grab Hits Fever Pitch as Supply Squeeze Persists

(Bloomberg) -- Oil refiners across Asia are bidding up crude prices from Abu Dhabi to Oman as they compete for supplies to make up for...
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