Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman had agreed to voluntary additional reductions in production to keep barrels of oil off the market.

Under the patronage of Salim bin Nasser Al Aufi, Minister of Energy & Minerals of the Sultanate of Oman, Patrick Pouyanné, ...

Colonialism is not a thing of the past, but has enduring afterlives. In Oman, which was once subject to Portuguese then later British imperial influence, some of these persist because the legacies of ...

The seven members making the cuts are Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan and Oman, according to the table, which also includes Algeria with no required cut.

And one stock to watch is Marathon Petroleum Co. (NYSE: MPC). Despite its deep slide into bear market territory, several Wall Street analysts have maintained a bullish outlook-highlighting ...

Muscat: The highly anticipated 2025 editions of Oman Sustainability Week (OSW) and Oman Petroleum & Energy Show (OPES) were officially announced at an exclusive press conference today. Under the ...

In a report released today, Theresa Chen from Barclays maintained a Buy rating on Marathon Petroleum (MPC – Research Report), with a price target of $141.00. The company’s shares closed last ...

First, the United States demanded direct negotiations while Iran wanted indirect talks. The talks in Oman were indirect, with the Omani foreign minister as go-between. It seems that there was a ...

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MUSCAT, Oman — Once again, some of the highest stakes in Middle East geopolitics will be discussed in this quiet coastal city without skyscrapers. Here in Muscat, the capital of Oman nestled ...