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Thursday, April 23, 2026 | Dhu al-Qaadah 5, 1447 H
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Markets weigh outlook after Trump extends Iran truce
Fertilizer shipments cannot be stopped due to the war: UN
Economy

Oman crude climbs to $99.26 amidst geopolitical tensions

MUSCAT: The official price of Oman crude oil for June delivery rose sharply on Wednesday, reaching $99.26 per barrel. The latest benchmark marks an increase of $7.25 compared to the previous day’s price of $92.01,...

The average monthly price of Omani crude for April delivery stood at $68.15 per barrel.

Oman crude climbs to $99.26 amidst geopolitical tensions

The average monthly price of Omani crude for April delivery stood at $68.15 per barrel.

Investment portfolio unveiled for food security projects

The investment opportunities are distributed across Oman’s agriculture, aquaculture and related industries.

OIA launches Furas digital platform

The platform, launched under the auspices of Dr Khamis bin Saif al Jabri, Minister of Economy, offers businesses a clearer forward view of procurement demand across a range of sectors.

Asyad acquires Ligentia to expand global footprint

The acquisition effectively doubles Asyad’s capacity to deliver end-to-end, multimodal logistics solutions across global value chains.

Asyad Group acquires Ligentia logistics provider

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War costs France 4-6 billion euros so far: Minister

Local residents sit at the foot of the Statue de la Republique at Place de la Republique in Paris on April 20, 2026. (Photo by Charlotte SIEMON / AFP)

Omani frankincense secures global geographical indication status

The certification affirms the product’s authenticity and strengthens its legal protection across member states under the Geneva Act of the Lisbon Agreement.

CEO TALK: A measured approach to leadership

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OETC attains investment-grade rating from Fitch

The upgrade reflects the company’s track record in operating one of the region’s most efficient electricity transmission networks.

War’s environmental toll could outlast conflict: Report

Dr Aisha al Sarihi & Dr Naser Alsayed

Oman gears up to boost silica sand exports

The pact will help streamline silica sand exports and strengthen the supply chain: ESCC

Oman gains strategic ground as Gulf routes come under strain, IMF says

Geography is not just a matter of location, but of economic advantage: IMF

Aluminium recycling forum set for April 22

The symposium forms part of ongoing efforts to enhance efficiency in the aluminium scrap recycling sector in Oman.

Wheat harvest begins in Al Sharqiyah South

The total cultivated area reached 41 feddans, with expected production exceeding 50 tonnes.

Sanad Centres process over 131,000 transactions in Q1 2026

The performance reflects continued efforts to streamline procedures for citizens, entrepreneurs and investors.
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