Economy | Omanet

Oil prices steadied and stocks diverged amid thin holiday trading as investors awaited the next move in the Middle East

Key investor confidence indicators in Oman's transport and logistics sector were unveiled on World Logistics Day 2026. The sector grew

Port of Duqm Company signed the Meezan Subscription Agreement with Oman Net Zero Centre, becoming the first non-hydrocarbon entity in

Global oil prices surged to over $122 a barrel, hitting a four-year high amid fears of a worsening U.S.-Iran conflict

French oil major TotalEnergies and Philippine developer Nextnorth secured $300M financing for a 440 MW solar park in the Philippines.

Oman crude oil futures surged to $111.44 per barrel by end of April, driven by a global rally and geopolitical

Oil prices surged over 5% to a four-year high as US stocks fell amid Trump's warning the blockade of Iranian

President Trump said a US naval blockade on Iran could last months, driving oil prices to a 4-year high. With

Middle Eastern carriers faced a 60.8% drop in demand due to the US-Israel-Iran war, closing much regional airspace except Oman

Al Sharqiyah South Governorate has shown strong economic performance aligned with Oman Vision 2040, boosting non-oil revenues to RO 1.734

Blog