Category: Industry

Kuwait city: The price of Kuwaiti oil saw a significant decrease, dropping by USD 2.97 to USD 84.97 per barrel in Thursday’s trading. This is in contrast to the previous session, where the price stood at USD 87.94 per barrel, as reported by the Kuwait…

Georgetown: The official price of Omani crude oil for September delivery reached $76.36 today. The price of Omani oil today declined $3.78 from yesterday’s $80.14 a barrel.

According to Qatar News Agency, the monthly average price of Omani crude oi…

Georgetown: Oil prices turned lower on Thursday after paring their early gains, as traders took profits. Brent crude futures slipped 24 cents, or 0.28%, to $84.95 a barrel, while US West Texas Intermediate futures were down 15 cents, or 0.19%, to $79….

Seoul: South Korea’s central bank delivered a quarter-percentage-point interest rate hike Thursday, as widely expected, to tackle high inflation amid lingering Middle East uncertainties. The Bank of Korea (BOK) convened a Monetary Policy Board meeting…

Seoul: South Korea’s central bank delivered a quarter-percentage-point interest rate hike Thursday, as widely expected, to tackle high inflation amid lingering Middle East uncertainties. The Bank of Korea (BOK) convened a Monetary Policy Board meeting…

Georgetown: Gold prices fell in Asian trading Thursday: Spot gold was down 0.6% at $4,034.42 per ounce. US gold futures for August delivery lost 0.3% to $4,039.90.

According to Qatar News Agency, other precious metals also experienced a decline. Spo…

New york: Gold recovered earlier losses to edge higher on Wednesday after US producer prices fell in June, easing inflation concerns and supporting demand for the precious metal. Spot gold was little changed at $4,057.34 an ounce after falling nearly …

Wall street: Wall Street closed slightly higher on Wednesday, with all three major US stock indexes posting modest gains.

According to Qatar News Agency, the S and P 500 rose 29 points, or 0.38%, to close at 7,572.59. The Nasdaq Composite gained 161…