Oil and gas
Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks
Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
The company's revenues surged 32 percent to $4.03 billion last year
EBITDA rose by 31 percent to $1.15 billion during this period, propelled by robust performance across all business sectors
U.S. West Texas Intermediate (WTI) crude fell by 28 cents, or 0.4 percent, to $73.04 a barrel
Record performance highlights strong fuel volumes, retail growth, and contributions from Saudi Arabia and Egypt
Cumulative investment requirements are estimated at $17.4 trillion between 2024 and 2050
Such tariffs could potentially hinder global economic growth as well as energy demand
These projects will continue in parallel with development, exploration and production operations to ensure maximum benefit from gas resources
Crude oil WTI futures for March delivery increased by 0.6 percent to $71.13 per barrel
