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Category: Industry

Oil Prices Surge 3% Amid Middle East Supply Concerns

Doha: Oil prices spiked again, trading near a six-week high on Wednesday, gaining around 3%, as supply concerns increased due to escalating crises in the Middle East.

According to Qatar News Agency, Brent crude futures rose around 3%, or $2.31, to r…

Saudi Stocks End Wednesday Trading Higher

Doha: The main Saudi stock market index closed today, rising 76.65 points, closing at 10,775.46 points, with trading valued at SAR 3.7 billion.

According to Qatar News Agency, the volume of shares traded reached 167 million shares, in which the shar…

Qatar Stock Exchange Index Records Decline in Midweek Trading

Doha: The Qatar Stock Exchange (QSE) index concluded Wednesday’s trading session with a decrease, falling by 40.85 points, or 0.40%, to reach 10,066.51 points.

According to Qatar News Agency, the session saw the trading of 113,958,317 shares, amou…

Turkiye Targets $10 Billion in Trade Volume with Syria

Doha: Turkish Trade Minister Omer Bolat announced that trade between Turkiye and Syria reached approximately $3.75 billion last year, marking an increase of more than 40%. He stated that both countries are working to raise bilateral trade to $10 billi…

Gold Prices Hit Two-Week High

Doha: Gold prices rose to a two-week high on Tuesday: Spot gold climbed 1.7 percent to $4,145.24 an ounce, after hitting its highest level since Jul. 7 earlier in the day. US gold futures for August delivery jumped 1.9 percent to settle at $4,151.90.

QSE Index Opens Lower at Start of Wednesday’s Trading

Doha: Qatar Stock Exchange (QSE) general index fell by 23.44 points, or 0.23%, at the start of Wednesday’s trading, down to 10,083 points, under pressure from five sectors.

According to Qatar News Agency, the market data showed declines in the secto…

IEA Confirms Ample Oil Reserves Despite Historic Stock Release

Doha: The International Energy Agency (IEA) said Tuesday that its member countries still maintain substantial emergency oil reserves, despite carrying out the largest-ever coordinated drawdown from strategic stocks.

According to Qatar News Agency, th…

Oil Near Six-Week High amid New Supply Risks

Doha: Oil prices have extended gains to trade near six-week highs as fears of further supply disruptions intensified. Brent crude futures rose $1.84, or 2%, to $92.85 a barrel, the highest since June 11. US West Texas Intermediate crude climbed $1.67,…

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