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Category: Industry

Saudi Aramco Targets 80% Increase in Gas Production by 2030

Saudi aramco: Saudi Aramco said Tuesday it is advancing plans to increase its sales gas production capacity by about 80% by 2030, compared with 2021 levels, as the company pushes ahead with major gas and upstream development projects.

According to Q…

Oman Crude Price Drops $9.83 for May Delivery

Muscat: The official price of Oman crude oil for delivery in May reached $114.85 per barrel on Tuesday. The price declined by $9.83 compared with Monday’s price of $124.68 per barrel.

According to Qatar News Agency, the average monthly price of Oman…

Iraqi Official Affirms Continued Flow of Iraq’s Oil Exports

Baghdad: Financial Advisor to the Iraqi Prime Minister, Mazhar Mohammed Saleh, affirmed that Iraq remains committed to maintaining the flow of oil exports in order to maximize state revenues and address the budget deficit.

According to Qatar News A…

European Natural Gas Prices Drop 15% After Tension-Induced Surge

Brussels: European natural gas prices fell by around 15% on Tuesday, retreating from the previous session’s sharp rally as oil prices also declined following remarks by US President Donald Trump regarding the ongoing war with Iran.

According to Qata…

Qatar National Bank Announces New Deposit Rates Across Currencies

Doha: Deposit rates at opening as issued on Tuesday by Qatar National Bank (QNB) have been updated for several major currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD. These rates are crucial for investors and account holders who are loo…

Qatar Exchange Rates Show Varied Trends Across Currencies

Doha: The exchange rates for various currencies in Qatar have shown fluctuating trends, with some currencies experiencing notable shifts against the Qatari Riyal. The latest data reflects the buying and selling rates for a range of currencies, includi…

Qatar National Bank Issues Latest Exchange Rates

Doha: The latest exchange rates against the US Dollar have been released by Qatar National Bank (QNB), providing valuable information for businesses and travelers alike. On Tuesday, the rates presented by QNB reveal significant insights into the buyin…

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