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Iraqi Oil Firm Seeks Buyers for Heavy Crude via Oman Transfer Saudi Inflation at 2.1% in 2027: OECD Saudi Sukuk and Bonds Market Opens New Liquidity Pathway Oil Prices Drop 1% as Brent Futures Fall Below $99 Oil Prices Rise 1.5% as Brent Approaches $102 OQ Expands Angola Presence via Oil, Gas & Renewable Energy Deals Qatar Rejects Pipeline Gas Exports, Cites LNG Superiority
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Business

Iraqi Oil Firm Seeks Buyers for Heavy Crude via Oman Transfer

Sumo offers 2 million barrels of Basrah Heavy crude for delivery off the Omani coast, bypassing the Strait of Hormuz amid shipping disruptions.

Saudi Inflation at 2.1% in 2027: OECD

Saudi Sukuk and Bonds Market Opens New Liquidity Pathway

Oil Prices Drop 1% as Brent Futures Fall Below $99

Oil Prices Rise 1.5% as Brent Approaches $102
Gold4,288
Silver64.58
Platinum1,759
Copper6.68
EUR/USD1.1452
GBP/USD1.3345
Brent fund60.36▲ 4.23%
Saudi fund37.19▼ 0.43%
UAE fund20.13▼ 0.32%
S&P 500 fund767.78▼ 0.72%

FinanceLatest stories

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China’s Financial Industry Crackdown Continues: Wang Bin Jailed

Finance

HSBC to Halt Commercial Payments Involving Russia and Ally Belarus

Finance

UBS Outlines Plan to Cut 3,000 Jobs in Switzerland

Finance

Bank of Ireland Technical Glitches Spur Warnings and Queues

Finance

NYC Court Restricts British Billionaire Amid Fraud Charges

Finance

BusinessLatest stories

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Business

OQ Expands Angola Presence via Oil, Gas & Renewable Energy Deals

Oman’s OQ Group signs cooperation memorandums with Sonangol and Angola’s Ministry of Energy to explore investments in hydrocarbons, LNG, fertilizers and a 500MW renewable…

Qatar Rejects Pipeline Gas Exports, Cites LNG Superiority

Business

Iraqi Oil Exports Dip to 2.4 Million Barrels Daily Amid Tensions

Business

Egypt Abolishes Export Fees on Nitrogen Fertilizers

Business

Sudan Mining Union Threatens Gold Halt Over Central Bank Pricing

Business

WorldLatest stories

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Germany’s Economic Outlook Darkens Amidst Sluggish Recovery

World

Russia Battles with Inflation and Rouble Impact Economy

World

TikTok Fined $368mln for Child Privacy Violation

World

Canada’s Housing Minister Explores Measures to Alleviate Housing Crisis

World

Metals & commoditiesGold, silver and copper

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GoldPrice per gram in USD
24K137.72
22K126.37
21K120.63
18K103.40

Last updated

Goldounce
4,288.00
Silverounce
64.577
Platinumounce
1,759.00
Copperpound
6.679

Exchange ratesGulf currencies, dollar and sterling

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Unit value in US dollars
SARSaudi riyal
0.2667
Pegged
AEDUAE dirham
0.2723
Pegged
QARQatari riyal
0.2747
Pegged
KWDKuwaiti dinar
3.2405
BHDBahraini dinar
2.6596
Pegged
OMROmani rial
2.6008
Pegged
GBPPound sterling
1.3345
EUREuro
1.1452

Last updated

Traded fundsTracking oil and Gulf markets

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Traded funds Tracking oil and Gulf markets
BNOBrent fund
60.36
+4.23%
KSASaudi fund
37.19
−0.43%
UAEUAE fund
20.13
−0.32%
SPYS&P 500 fund
767.78
−0.72%

NYSE-listed funds that track these markets — the prices are the funds’, not the indices’.

Last updated

TechLatest stories

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Meta Initiates Workforce Changes in Reality Labs Division

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Tokyo Start-Up Unveils Futuristic Robot ARCHAX

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EU Imposes €376mln Fine on Intel for Antitrust Violations

Tech