Muscat: The official price of Oman’s crude oil for August delivery reached USD 80.99 per barrel on Friday. The price was down USD 7.02 from Thursday’s level of USD 88.01 per barrel.
According to Qatar News Agency, the average price of Oman’s crude o…
Morocco: Oil prices fell on Friday, extending losses for a second consecutive session as concerns over a potential military escalation between the United States and Iran eased. Brent crude futures declined by USD 1.21, or 1.3 percent, to USD 89.17 a b…
Kuwait city: The price of Kuwait’s crude oil rose by USD 1.50 to USD 101.04 per barrel in trading on Thursday, up from USD 99.54 per barrel the previous day.
According to Qatar News Agency, the Kuwait Petroleum Corporation reported the increase in …
Morocco: Gold prices fell on Friday and were headed for a weekly loss amid persistent inflation concerns and expectations that the US Federal Reserve may keep interest rates elevated for longer. Spot gold declined 0.5 percent to USD 4,191.17 per ounce…
Doha: Oil prices fell by about one percent Tuesday, erasing most of the previous session’s gains. Brent crude futures dropped 91 cents, or one percent, to $93.34 a barrel. West Texas Intermediate (WTI) crude futures also dropped $1.13, or 1.2 percent,…
New york: Major US stock indices on Wall Street closed mixed on Monday’s trading session. Preliminary data showed that the S and P 500 rose 22.07 points, or 0.30 percent, to close at 7,405.81.
According to Qatar News Agency, the Nasdaq Composite gain…
Doha: Qatar Islamic Bank (QIB) announced that Fitch, the international credit rating agency, affirmed QIB’s Credit Rating at ‘A’ with a Rating Watch Negative (RWN). This development was shared in a press release published on the Qatar Stock Exchange w…
Doha: Gold prices steadied on Tuesday as concerns over inflation and interest rate hikes remain in focus. Spot gold was steady at $4,332.50 per ounce. In the previous session, gold hit its lowest level in more than two months. US gold futures for Augu…
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency