Business

Tuesday 12/January/2016 19:20 PM

NBO posts 20% surge in net profit

Muscat: National Bank of Oman (NBO) on Tuesday reported a 20 per cent surge in net profit to OMR60.11 million in 2015, up from OMR50.27 million posted in...

Tuesday 12/January/2016 19:16 PM

Oman’s oil output rises 1%

Muscat: Oman’s total production of crude oil and condensates touched 31,214,058 barrels in December 2015, a daily rate of 1,006,905 barrels, a rise of...

Tuesday 12/January/2016 12:12 PM

Crude oil slips to 12-year low

HONG KONG: Oil extended declines from the lowest close in more than 12 years before United States government data forecast to show crude supplies expanded,...