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Muscat(Qasioun) -Oman’s minister of oil and gas Dr Mohammed bin Hamad Al Rumhy on Sunday said he is confident of a recovery in crude oil prices, after a meeting of Opec and non-Opec members scheduled to take place in Doha, Qatar, to decide on freezing output.According to Dr Al Rumhy, oil...
Oil prices scored their biggest one-day gain since 2009Friday after hitting12-year lows a day earlier, as hopes of production cuts by the Organization of the Petroleum Exporting Countries fueled a rally.The roller-coaster ride for crude oil kicked into high gearasthe price of West...
Gold price hits new high as yellow metal is 'back in vogue' -BytheweekGold's upward move continued yesterday, with prices reaching a new one-year high. The yellow metal rose $53.20 an ounce to $1,247.80, the highest price since February 2015 and an 18 per cent jump since the start...
