August 17, 2026
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Tag : energy markets

Business

Oil prices swing after Brent tops $90 on supply strains

omandailynews.com
NEW YORK / RankWire.AI / – 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 6.6%, to $84.46. Both......
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

omandailynews.com
NEW YORK / RankWire.AI / – 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 $6.73, or 9.4%, to......
Business

GME posts strongest trading week in two decades

omandailynews.com
GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded....
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 Al Khalifa met British Prime Minister Keir Starmer on Friday,......