Oman crude drops to .99 as global oil prices slide Business

Oman crude drops to $72.99 as global oil prices slide

Muscat: The GME Oman marker price for the August 2026 Oman Crude Oil Futures Contract fell to $72.99 per barrel on June 16, recording a decline of $3.94, as global oil prices slipped to fresh three-month lows amid easing supply concerns. The latest price marks a sharp retreat from the recent high seen in Oman […]

Oman real estate prices jump 15.9% in first quarter Business

Oman real estate prices jump 15.9% in first quarter

MUSCAT: Oman’s real estate market recorded strong growth in the first quarter of 2026, with the Real Estate Price Index rising 15.9 per cent year-on-year, driven largely by sharp increases in residential and commercial land values. Data released by the National Centre for Statistics and Information (NCSI) showed that the residential property price index climbed […]