Category: Industry

Oil Prices Close on Decline

Oil prices declined at the close of trading on Monday.

Brent crude futures fell by 18 cents, or 0.2 percent, to settle at $84.85 per barrel. Meanwhile, West Texas Intermediate (WTI) crude dropped by 30 cents, or 0.4 percent, to settle at $81.91 per b…

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Oil Extends Losses as Dollar Strengthens

Oil prices fell for a second day on Monday as the dollar gained ground amid political uncertainty in the US.

Brent crude futures fell 55 cents, or 0.7%, to $84.48 a barrel after settling down 37 cents on Friday.

US West Texas Intermediate crude was …

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Oil Extends Losses as Dollar Strengthens

Oil prices fell for a second day on Monday as the dollar gained ground amid political uncertainty in the US.

Brent crude futures fell 55 cents, or 0.7%, to $84.48 a barrel after settling down 37 cents on Friday.

US West Texas Intermediate crude was …

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CBB 12 Month Treasury Bills oversubscribed by 108%

Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 108%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is July 18, a…

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