September 28, 2026
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Thani Al Zeyoudi highlights trade growth during high level UAE meeting

UAE President and Uzbek official discuss bilateral relations

UAE GDP projected to rise 5 percent according to World Bank

Asia-Pacific growth outlook lifted to 5% for 2026

UAE joins Trump meeting on Middle East security in New York

Egypt overseas transfers total $29.7 billion through July

Typhoon Dujuan brings flood risk and travel disruption

China keeps loan prime rates steady through September 2026

Rare EGFR mutation raises lung cancer risk 60 times in data

WHO reports Ebola progress as DR Congo outbreak continues

Tag : energy markets

Business

Gold prices decline on Federal Reserve rate decision in trading

omandailynews.com
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of...
Business

South Korea inflation quickens to 3.1% as costs climb

omandailynews.com
South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base...
Business

Oil prices swing after Brent tops $90 on supply strains

omandailynews.com
Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West Texas Intermediate gained $5.20, or...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

omandailynews.com
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose...
Business

GME posts strongest trading week in two decades

omandailynews.com
Gulf Mercantile Exchange recorded the highest weekly trading volume in its history during the week of May 11, 2026, with more than 69,052 contracts traded, equal to about 69 million barrels of Oman crude oil, according to information released by...
News

Bahrain and UK review regional tensions and economic risks

omandailynews.com
MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support stability. King Hamad bin Isa...