Category: Industry

Oil Prices Rise at Settlement Amid US-Iran Tensions

Doha: Oil prices rose at settlement today, influenced by renewed escalation between the United States and Iran in the Middle East: Brent crude futures were at $101.29 a barrel, up 1.23 percent, after jumping as much as 3 percent earlier in the session…

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Oman Crude Oil Price Falls by USD 6.61

Muscat: The official price of Oman crude oil for July delivery was recorded at USD 96.64 per barrel on Thursday. This marks a decrease of USD 6.61 from the previous day’s price of USD 103.25 per barrel.

According to Qatar News Agency, the monthly av…

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Dollar Weakens on Hopes for Middle East De-escalation

Kuwait: The dollar remained on the defensive on Thursday as hopes for a de-escalation in the Iran-US war: That left the dollar index back at 97.950 and well short of last week’s top of 99.092.

According to Qatar News Agency, the pullback in oil had …

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