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Day: August 28, 2025

US Crude Oil Inventories Drop 2.4 Million Barrels

Washington: The US Energy Information Administration (EIA) announced today that crude oil inventories in the United States declined slightly more than expected last week.

According to Qatar News Agency, crude oil stockpiles fell by 2.4 million barrel…

Kuwait Bourse Sees Decline as All Share Index Drops

Doha: Kuwait Bourse closed trading on Wednesday with the All Share Index losing 24.38 points, closing at 8,741.71 points, marking a decrease of 0.28 percent.

According to Qatar News Agency, the trading session recorded a volume of 257.9 million sha…

European Shares Rise as Nvidia’s Outlook Eases AI Slowdown Fears

Doha: European shares climbed on Thursday as Nvidia’s strong results quelled worries over weakening AI demand, although uncertainty over the US chipmaker’s China business clouded the outlook.

According to Qatar News Agency, the pan-European STOXX 60…

Oil Prices Fall Amid Expectations of Lower US Fuel Demand

Cairo: Oil prices fell Thursday amid expectations of lower fuel demand in the US as the summer driving season approaches its end and Russian oil supplies to Hungary and Slovakia resume via the Druzhba pipeline. Brent crude futures fell 46 cents, or 0….

Gold Holds Ground as Investors Await US Data for More Fed Cues

Doha: Gold prices remained stable on Thursday, as market participants awaited US economic data due this week that could help shed further light on the Federal Reserve’s interest rate trajectory. Spot gold held its ground at $3,390.91 per ounce after h…

QSE Index Closes Lower by 111.97 Points

Doha: Qatar Stock Exchange (QSE) general index closed Thursday’s trading lower by 111.97 points, or 0.99 percent, to close at 11,226.84 points. During the session, 143,377,074 shares, valued at QR359,098,964.338, were traded in 18,014 transactions acr…

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