Archive

June 20, 2023
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Oman CPI inflation 0.92% y-o-y in May-23


- Oman's CPI inflation rate in May 2023 stood at 0.92% year-on-year, the lowest recorded since March 2021.
- This figure is 1.09 percentage points below the average inflation rate observed over the past year and 1.32 percentage points below the long-run average.

June 12, 2023
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Oman M2 money supply 4.46% y-o-y in May-23


- Oman's M2 money supply grew by 4.46% year-on-year in May 2023, the highest growth rate since December 2021.
- Total credit in Oman increased by 4.8% year-on-year in April 2023.

June 05, 2023
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Oil: In Search of Stability

  • Despite what was, by all accounts, a challenging discussion at the Opec+ table last weekend, Saudi Arabia appears to have engineered a pragmatic outcome consistent with its drive to stabilise the oil price.

By Alastair Newton


May 15, 2023
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Oil: Sentiment or Substance?

  • Opec+ and investors face a conundrum over the extent to which the oil price slide since the 3 April output cut reflects substance or an unsubstantiated shift in market sentiment.

By Alastair Newton