Iraq and the Kingdom of Saudi Arabia discussed opportunities to strengthen bilateral relations and partnerships between the two countries in various fields.
A statement by the Ministry of Foreign Affairs stated that the Iraqi Ambassador to the Kingdo…
Basra crude, heavy and medium, suffered weekly losses, coinciding with global oil recording weekly losses after 4 weeks of gains.
Basra Heavy crude closed in its last session yesterday, Friday, with a decline of 20 cents, reaching $81.08, and recorde…
Doha: Qatar National Bank (QNB) expects that the European Central Bank will implement two additional interest rate cuts, by 25 basis points, during the current year, as it continues to closely monitor price developments and labor market activity.
QNB…
European stock indices rose on Friday at the close and achieved their second weekly gain in a row thanks to strong business results and optimism among investors regarding an interest rate cut in the US next September.
The European Stoxx 600 index clo…
Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June.
The institute’s data attributed this slight slowdown to weak…
Gold prices declined on Friday, but are poised to record gains for the 3rd consecutive week, amid hopes that the US Federal Reserve will cut interest rates in September.
Spot gold slipped 0.2% at $2,409.19 per ounce after rising 2% on Thursday. US go…
The price of Kuwaiti oil went up by $0.88 to $87.39 a barrel on Thursday as opposed to $86.51 a barrel last Wednesday, Kuwait Petroleum Corporation (KPC) said today.
In the global markets, Brent crude futures rose $0.32 to reach $85.4 a barrel, while…
Oil prices went up on Friday amid signs of easing inflationary pressures in the United States, though the contracts were headed for a weekly decline.
Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel. US West Texas Intermediate crude fut…
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