Kuwait city: The price of Kuwaiti oil rose by $6.58 to reach $163.08 per barrel in Monday’s trading compared to $156.50 on Friday.
According to Qatar News Agency, the Kuwait Petroleum Corporation reported the increase in oil prices. In global market…
Jeddah: The World Economic Forum announced that the Global Collaboration and Growth Meeting, which had been planned for April 2026 in Jeddah, Saudi Arabia, will be rescheduled.
According to Qatar News Agency, the Forum highlighted that this step cam…
Kuwait city: Kuwait Petroleum Corporation (KPC) announced that it had been forced to reduce crude oil production due to disruptions to free navigation in the Strait of Hormuz. During his participation in the CERAWeek 2026 conference virtually, CEO of …
Muscat: The Central Bank of Oman (CBO) announced that the total value of treasury bills allocated this week reached OR 60 million.
According to Qatar News Agency, the CBO explained that the value of 28-day treasury bills allocated amounted to OR 30 …
Doha: European stock indices opened slightly higher Tuesday, amid uncertainty surrounding the conflict in the Middle East, which kept Brent crude oil prices above $100 a barrel. The pan-European Stoxx Europe 600 index opened up by about 0.3%, reaching…
Tokyo: Japan will start releasing oil from state reserves on Thursday, Prime Minister Sanae Takaichi said, after Tokyo started a similar operation last week. Takaichi stated that Japan will begin releasing national reserves from Mar. 26th to ensure th…
Doha: European stocks closed higher today, as investors weighed hopes for a de-escalation of the Middle East conflict against concerns about long-term economic damage.
According to Qatar News Agency, the pan-European Stoxx 600 index rose 0.4 percen…
Seoul: The South Korean government is considering imposing restrictions on naphtha exports as the country is facing supply shortages of the material, widely used across petrochemical and other industries, due to persisting geopolitical tensions in the…