Category: Industry

Oil prices edge higher

Singapore, Oil prices recovered in Asian trading on Wednesday, but gains were capped by weak demand.

Brent crude futures rose 17 cents, or 0.16%, to $76.60 a barrel by 0615 GMT. U.S. West Texas Intermediate crude rose 17 cents, or 0.23%, to $73.37.

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QCB Foreign Reserves Surge 3.89 Percent in July 2024

Doha, August 07 (QNA) – The foreign currency reserves and foreign currency liquidity of the Qatar Central Bank (QCB) increased by 3.89 percent year-on-year to reach QAR 250.981 billion in July 2024 compared to QAR 241.572 billion in the same period of…

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Kuwait Oil Price Records USD 76.28 PB

Price of Kuwaiti oil increased 51 cents to settle at USD 76.28 per barrel on Tuesday compared with USD 75.77 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Monday.

Globally, the price of Brent crude rose by 18 cents to USD 76.48 pb,…

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