Energy

Vienna : OPEC on Thursday revised the world oil demand growth forecast and lowered it by some 0.16 million barrels per compared to October's assessment...

Muscat: The Sultanate of Oman’s refineries recorded an increase in the production of automobile fuel until the end of September 2021 by 13 per cent,...

Muscat: Tethys Oil’s share of production from Oman's Blocks 3&4 during the third quarter of 2021, before government take, amounted to 1,037,768...

Vienna : The OPEC+ committee recommended the alliance not to accelerate the increase in oil production, and to boost it in December by 4,00,000 barrels...

Muscat: Oman oil price (January Delivery 2022) on Monday reached $82.18, comprising an increase by 37 cents.The average price of Oman oil (November Delivery...

Abu Dhabi: Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil...

Washington : Global oil demand is expected to make a significant recovery, reaching 96.7 million barrels per day (mb/d) and recovering 65% of demand lost in...

Berlin: The alliance of some of the world's biggest oil producers said on Monday it wouldn't boost oil production beyond the 400,000 barrels per day (bpd)...

Muscat: Oman oil price (November Delivery 2021) on Wednesday reached $75.75, comprising a decrease by $1.62 from the price of Tuesday, which was at...

Washington : The price of Brent crude oil jumped above USD 80 on Tuesday for the first time in almost three years.The Wall Street bank expects US crude...