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Category: Industry

Oil Prices Regain Ground as Investors Eye US Election Fallout.

Oil prices edged up on Thursday following a sell-off triggered by the US presidential election: Oil prices edged up on Thursday following a sell-off triggered by the US presidential election, as risks to oil supply from a Donald Trump presidency and a…

US Stocks Surge to Record Highs.

US stocks rallied sharply to close at record highs on Wednesday after Republican Donald Trump won the 2024 US presidential election. The surge was marked by significant gains across major indices:S stocks rallied sharply to close at record highs on We…

Qatar Central Bank Reduces Interest Rates by 30 Basis Points.

Doha: The Qatar Central Bank (QCB) announced today a reduction in its deposit interest rate (QCBDR) by 30 basis points to 4.90 percent, its lending interest rate (QCBLR) by 30 basis points to 5.40 percent, and its repo rate by 30 basis points to 5.15 …

US Federal Reserve Cuts Rates 0.25%.

The US Federal Reserve has reduced interest rates by 25 basis points. In a statement released today:ay policy meeting to lower the overnight benchmark interest rate to a range of 4.50 percent to 4.75 percent, noting that economic activity continues to…

QatarEnergy Unveils Four New LNG Vessels in Republic of Korea.

QATAR: QatarEnergy inaugurated four new conventional-size LNG vessels built in the Samsung Heavy Industries Shipyard and the Hanwha Ocean Shipyard in the Republic of Korea as part of QatarEnergy’s historic fleet expansion program. The four new vessels…

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