Category: Industry

Doha: Libya’s Akakus Oil Operations announced that it has achieved the highest daily crude oil production rate in July since 2014, with a production volume of approximately 332,056 barrels per day.

According to Qatar News Agency, the increase in pr…

Doha: Oil prices tumbled on Wednesday, with Brent crude futures falling $1.11, or 1.31%, to $83.62 a barrel, while US West Texas Intermediate (WTI) crude futures shed 81 cents, or 1.02%, to $78.53 a barrel. The drop in prices comes after oil prices ha…

New york: Oil prices rose by more than 4 percent today. Brent crude futures increased by $3.21, or 4.22 percent, reaching $79.22 a barrel. US West Texas Intermediate crude futures also saw a rise, climbing $3.04, or 4.26 percent, to $74.45 a barrel.

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Geneva: The State of Qatar took part in the 9th session of the Intergovernmental Group of Experts (IGE) on Consumer Protection Law and Policy. The meeting was organized by the United Nations Conference on Trade and Development (UNCTAD) from July 6-10,…

Doha: Qatar National Bank (QNB) has projected that the repercussions of the military escalation between the United States and Iran on fiscal positions, foreign exchange reserves and food security will persist well beyond the end of the crisis for most…

Geneva: Qatar participated in the 68th Assemblies of the Member States of the World Intellectual Property Organization, held in Geneva. Saleh Abdullah Al Mannai, Assistant Undersecretary for Commerce at the Ministry of Commerce and Industry and head o…

Paris: The International Energy Agency (IEA) has revised its forecast, now predicting a decline in global oil demand by 1 million barrels per day in 2026. This adjustment contrasts with its mid-June forecast, which anticipated a 1.1 million-barrel-per…

Muscat: Oil Prices Gain Amid Renewed Energy Supply Concerns: Oil prices edged higher in trading on Friday as renewed concerns over potential supply disruptions, fueled by escalating regional tensions, supported the market.

According to Qatar News Ag…