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Category: Industry

Oil Prices Steady as US Crude Inventories Fall

Oil prices stabilized on Wednesday on industry data showing a surprise drop in US crude and gasoline inventories, following two previous sessions of losses on the prospect of hostilities easing in the Middle East.

Brent crude futures gained 21 cents…

Qatar Tourism Updates Regulations for Marine Tourism Transport

Qatar Tourism has announced updates to the regulations governing marine tourism transport, including the licensing of marine tourism offices and all categories (A, B, C) of marine transport vessels.

In line with international best practices, Qatar To…

QSE Index Rises 0.20% at Start of Trading

Qatar Stock Exchange (QSE) index started Tuesday’s trading on a positive note, rising 20.49 points, or 0.20%, to reach the level of 10,524 points, compared to Monday’s closing.

QSE was support by a rise in four sectors: Real Estate by 1.21%; Banks an…

Oil Prices Edge Up on US Plan to Boost Reserve

Oil prices edged up on Tuesday, after a sharp plunge in the previous session, as a US plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some support.

Brent crude futures climbed 44 cents to $71.86 a barrel by, while US West Texas Int…

S. Korean Government Asks Local Oil Refiners to Avoid Price Hikes

South Korea’s industry ministry on Tuesday asked local oil refiners to avoid excessive price hikes amid heightened energy price volatility and escalating uncertainties in the Middle East.

The call came after South Korea decided last week to extend th…

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