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Category: Industry

Oil Prices Rise Affected by Falling US Crude Inventories

Oil prices rose on Wednesday after several days of decline, affected by falling US crude inventories.

Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or …

Yen Jumps on Commodity Currencies to its Highest in Two Months

Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central bank meeting.

T…

Muscat Stock Exchange Index Closes Higher

Muscat: The Muscat Stock Exchange (MSX) “30” index concluded Tuesday’s trading session at 8,228.20 points, gaining 88.7 points, which constitutes a rise by 1.09 percent from the previous close of 8,139.53 points.

According to Qatar News Agency, tra…

Libya, Russia sign cooperation agreement

Tripoli, Mohamed Al Raid, the Head of the Libyan General Union of Chambers of Commerce, signed with Vladimir Badalko, the Deputy Head of the Chamber of Commerce and Industry of Russia, a cooperation agreement in the economic sector.

The agreement, wh…

Wall Street Main Indices Close Higher

The main indices on Wall Street closed higher at the end of Monday’s trading session.

The S and P 500 index rose by 60.22 points, or 1.09 percent, to end at 5,565.22 points.

The Nasdaq Composite index advanced by 280.63 points, or 1.57 percent, clos…

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