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OPEC+
Markets
Oil prices tumble to 4-month low amid demand concerns, OPEC production outlook
Brent oil futures for August delivery fell 0.4 percent to $78.05 per barrel
Markets
Oil prices rise as OPEC+ maintains cuts, but demand concerns linger
Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel
Energy
OPEC+ extends voluntary production cut of 2.2 million barrels of crude oil a day into 2025
This extension builds upon previously agreed reductions of 3.66 million barrels per day announced in 2022 and 2023
Markets
Oil prices extend losses as U.S. product stockpiles grow, China activity slows
Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel
Economy
GCC economic growth to rebound to 2.8 percent in 2024, 4.7 percent in 2025: World Bank
Oil production remains crucial in shaping the GCC region's fiscal and external balances
Markets
Oil prices steady amid caution over rate decision and inflation despite significant inventory decline
Brent oil futures for July delivery held steady at $83.61 per barrel
Markets
Oil prices climb on demand optimism, OPEC+ cuts eyed
Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel
Banking & Finance
Oman Central Bank issues T-bills worth $57.24 million
The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent
Markets
Oil prices maintain stability following recovery from 3-month low, investors await inflation data
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Markets
Oil prices bounce back slightly as traders eye U.S. inflation report, upcoming OPEC+ meeting
Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel
Markets
Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns
Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel
Markets
Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand
Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel
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