Apr 24, 2025
Brent futures rose USD 1.18 to USD 65.85 pb and West Texas Intermediate (WTI) was USD 1.14 higher to USD 62.47 pb
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Apr 24, 2025
Lower oil prices, maintenance at the Abu Sa'fah oil field, market volatility affecting funding costs, and higher social spending are expected to keep fiscal deficits elevated
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Apr 24, 2025
Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic
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Apr 23, 2025
Citing Article Eight of the Income Tax Decree, the ministry reiterated that late payments are subject to a penalty of 1% for every 30 days—or part thereof–of delay
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Apr 23, 2025
The visit is particularly noteworthy as it represents the first time an Omani Sultan has officially visited the Russian Federation
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Apr 23, 2025
During the meeting, they reviewed aspects of bilateral relations between the two friendly countries as well as ways to enhance and develop them in various fields
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Apr 22, 2025
The MoU seeks to create conditions for cooperation in strategic areas such as new technologies, logistics and biomedical sciences
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Apr 22, 2025
The budget includes capital spending of nearly $5.7bln and more than 90 projects
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Apr 22, 2025
Markets have been volatile since Trump announced sweeping tariffs on April 2, even after he rolled most of them back, as investors struggle to gauge where his policies are headed
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