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Oman oil prices are at their highest since 2014, enabling the country to earn surpluses from the fossil fuel for the first time since 2008, say analysts. “The marker price on January 18 for March 2022 Oman crude oil futures contract (OQD) is $86.70,” said Dubai Mercantile Exchange (DME) in its daily update. The price . ....
Global experts lay stress on energy transition Key topics: Leading figures urge switch to renewables, diversification of economy SHARE MUSCAT: An international conference on the role of oil in shaping the future of GCC economies began in Muscat on Tuesday with the participation of local, regional and international experts. The two-day forum, organized by Mazoon College, opened under the auspices of Sayyid Sulaiman bin Hamoud al Busaidi, Deputy Secretary-General of the Council of Ministers. In opening remarks, the Chief Guest stressed the importance of the conference in identifying the results and reasons that led to the decline in oil prices and alternatives to get out of this global economic crisis, explaining that the government is making great efforts to reduce the impact of this crisis, such as rationalising government spending and other measures. ....
Global experts lay stress on energy transition omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.