Spike follows reported strikes on key oil infrastructure and rising risks to shipping through the Strait of Hormuz.
The trading value reached RO 70,073,409, a significant rise of 93.6 percent compared to the previous trading session's value of RO 36,187,324.
The price of Oman crude recorded an increase of 54 cents compared to yesterday's price of UUD 152.58 per barrel.
Both meetings were presided over by Sheikh Khalid bin Mustahail Al Mashani, Chairman of the Bank’s Board of Directors, in the presence the Board’s members, the executive management and a number of shareholders.
These remarks have heightened uncertainty over the safe passage of vessels through the crucial energy corridor.
This substantial order of 40 vehicles marks a period of rapid growth for the SINOTRUK brand in Oman and underscores the increasing trust that leading local enterprises place in the distributor's heavy-duty solutions.
Oman Tourism Development Company (OMRAN Group) has issued a tender for the design, supply, installation, testing, and commissioning of a fully integrated chairlift system at Wadi Shab.
With this feature, customers can transfer Eidiya quickly and securely, without the need to add beneficiaries or wait for registration in the app.
Oman’s official crude oil price for May delivery climbed sharply on Tuesday, extending recent gains amid heightened regional tensions and supply concerns.
Energy markets respond to uncertainty in global supply chains.
Sohar International has reaffirmed its commitment to community welfare by supporting the “Fak Kurbah” initiative for the second consecutive year.
Renowned for catering to a diverse range of shoppers, LOT stores are recognized in Oman for offering high-quality products tailored to local preferences, effectively balancing affordability and quality.
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