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Day: May 6, 2026

Kuwait Oil Prices Rises by $3.95

Doha: Kuwaiti oil prices rose by $3.95 to reach $123.38 per barrel in Tuesday’s trading, compared to $119.43 per barrel on Monday, according to Kuwait Petroleum Corporation (KPC).

According to Qatar News Agency, in global markets, Brent crude fell b…

QSE Index Opens Higher on Strong Sector Performance

Doha: The Qatar Stock Exchange (QSE) general index opened higher on Wednesday, recording a rise of 29.59 points, or 0.28%, to reach 10,534 points compared to the previous session’s close. This positive opening was supported by gains across all sectors…

S. Korea’s Inflation Hits 21-Month High as Fuel Costs Surge

Seoul: South Korea’s consumer prices rose at the fastest pace in 21 months in April, driven by soaring fuel costs. Consumer prices, a key gauge of inflation, increased 2.6 percent from a year earlier last month, according to the data from the South Ko…

Kuwait Bourse Closes Higher with Strong Gains Across Indices

Kuwait city: Kuwait Bourse closed trading on Wednesday up as the All Share Index gained 35.54 points to reach 8,906.53 points, an increase of 0.40 percent.

According to Qatar News Agency, a total of 631.19 million shares valued at KWD 132.6 million …

Dollar Falls as US-Iran Deal Hopes Grow

Doha: The dollar retreated against most major currencies on Wednesday after the US signaled it may be nearing a deal with Iran. The euro stood at $1.1714 and sterling traded at $1.35685, both up roughly 0.2% so far on the day.

According to Qatar New…

Oil Prices Fall 2nd Day Amid Possible US-Iran Peace Deal

Doha: Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after The US indicated a possible peace deal may be reached to end the war with Iran. Brent crude futu…

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