Muscat: Brent crude futures fell by $2.03, or 2.83%, to close at $69.67 a barrel, while U.S. West Texas Intermediate (WTI) crude slipped $1.93, or 2.79%, ending the day at $67.33 a barrel.
Despite the sharp daily decline, both benchmarks posted solid weekly gains. Brent crude finished the week up roughly 6%, while WTI recorded a weekly rise of 6.29%, buoyed earlier by tightening supply signals and broader market optimism.
Read More
- Oman signs 28 investment deals worth more than RO 304 million
- Gold prices edge higher as markets await US Federal Reserve decision
- Bank Muscat showcases its banking solutions at “Happy City Journey” as part of Urban October 2026
- Oman’s Phaze Ventures launches two funds targeting over $75 million for AI and deep tech
- Italy celebrates World Pasta Day 2026 in Muscat with B2B event promoting Italian Pasta and Agri-Food Excellence
