Oil and gas

Oil prices hover around $85 amid global tensions, inventory shifts

Brent crude futures edged up 2 cents to $85.35 per barrel

Oil prices decline but remain on course for weekly gains amid OPEC optimism

Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel

Oil prices dip amid rising U.S. inventories as Fed keeps interest rates steady

Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel

OPEC maintains forecast for 2.25 million bpd global oil demand growth in 2024, 1.85 million bpd in 2025

The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024

Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data

Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel

Oman posts $6.7 billion trade surplus, merchandise exports reach $16.88 billion by end of March 2024

Total value of merchandise imports to the Sultanate amounted to $10.1 billion

Oil prices dip ahead of key Fed meeting, U.S. inflation data release

Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel

ADNOC pays $1.19 billion to ADNOC Distribution bondholders to redeem U.S. dollar denominated bonds

Following the redemption, ADNOC Distribution’s free float remains unchanged at 23 percent

Oil prices stabilize as traders await OPEC meeting, Fed cues

Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel

Kuwait new energy strategy takes off but oil still dominates

Revival of projects in the energy sector key to the country’s development