Category: Industry

Exchange Rates in Qatar Show Varied Trends

Doha: Exchange rates in Qatar have presented a range of buying and selling rates for various currencies and precious metals. The Moroccan Dirham is trading between 0.38970 and 0.42390, while the Malaysian Ringgit ranges from 0.84580 to 0.91390. The No…

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Oil Prices Rise $1 at Settlement

Doha: Oil prices rose by about $1 at settlement at the close of trading on Monday. Brent crude futures climbed $1.16, or 1.3 percent, to $94.25 a barrel at settlement. West Texas Intermediate (WTI) crude futures rose 76 cents, or 0.8 percent, to $91.3…

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Oil Prices Rise by Over USD 4 Per Barrel

Doha: Oil prices rose by more than USD 4 per barrel on Monday. Brent crude futures jumped USD 4.42, or 4.47 percent, to USD 97.15 per barrel. US West Texas Intermediate crude futures also rose USD 4.07, or 4.50 percent, to USD 94.61 per barrel.

Acco…

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Gold Extends Losses Amid US Rate-Hike Concerns

Doha: Gold prices extended losses on Monday on rising fears of a US rate hike after a strong jobs report. Spot gold fell 0.4% to $4,313.11 per ounce. Prices had already decreased about 3% on Friday, reaching the lowest point since March 24. US gold fu…

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