Doha: European stocks closed up one percent on Wednesday, with travel and financial services shares among the biggest gainers, supported by expectations of de-escalation in the ongoing conflict in West Asia. The pan-European Stoxx 600 index rose 1.3 p…
Muscat: The official price of Oman crude oil for May delivery stood at USD 104.84 per barrel on Monday. This marks a significant decrease compared to the previous price recorded on Friday, which was USD 119.52 per barrel.
According to Qatar News Age…
Doha: European stock markets opened trading higher on Wednesday, driven by hopes of reaching a resolution to the war in the Middle East, following US statements pointing to a peace plan. The pan-European Stoxx 600 index opened up by about 0.3% at the …
Tokyo: Tokyo stocks extended gains for the second trading day on Wednesday on expectations of eased tensions in the Middle East following reports that the US and Iran are making diplomatic efforts to end the war. The 225-issue Nikkei Stock Average end…
Kuwait city: The price of the Kuwaiti oil barrel decreased by USD 16.66, settling at USD 146.42 per barrel on Tuesday, compared to USD 163.08 the previous day. This information was provided by the Kuwait Petroleum Corporation (KPC) on Wednesday.
Acc…
Doha: Gold rose more than 2% on Wednesday, buoyed by a softer dollar, while a drop in oil prices eased concerns about elevated inflation and higher global interest rates, amid reports of a US plan to end the Middle East war. Spot gold rose 2.1% to $4,…
Doha: Currency markets showed signs of fatigue early in Asian trade on Wednesday, with traders cautious over US President Donald Trump’s efforts to bring an end to the war with Iran. The US dollar index, which measures the greenback’s strength against…
Doha: Oil prices dropped by more than 5% Wednesday amid expectations of a possible ceasefire that could ease supply disruptions in the Middle East, following reports of diplomatic efforts to end the conflict. Brent crude futures fell $6.21, or 5.9%, t…
Doha: The Qatar News Agency released the latest exchange rates and precious metal prices. The data provides insights into the currency values and metal prices as determined on the current market.
According to Qatar News Agency, the exchange rates fo…
Doha: The Jordan Petroleum Refinery Company (JPRC) has confirmed that its crude oil reserves, necessary for refining petroleum products and producing gas cylinders, are securely available and cover local market demand without any interruption.
Accor…