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Day: July 16, 2026

Oil Prices Decline as Brent Crude Falls to $84.95 per Barrel

Georgetown: Oil prices turned lower on Thursday after paring their early gains, as traders took profits. Brent crude futures slipped 24 cents, or 0.28%, to $84.95 a barrel, while US West Texas Intermediate futures were down 15 cents, or 0.19%, to $79….

Omani Crude Oil Price Reaches $76.36 a Barrel

Georgetown: The official price of Omani crude oil for September delivery reached $76.36 today. The price of Omani oil today declined $3.78 from yesterday’s $80.14 a barrel.

According to Qatar News Agency, the monthly average price of Omani crude oi…

Kuwait Crude Oil Price Falls by Nearly $3 per Barrel

Kuwait city: The price of Kuwaiti oil saw a significant decrease, dropping by USD 2.97 to USD 84.97 per barrel in Thursday’s trading. This is in contrast to the previous session, where the price stood at USD 87.94 per barrel, as reported by the Kuwait…

Saudi Stock Index Ends Trading Session with Gains

Georgetown: The Saudi main stock index closed on Thursday’s trading session higher, gaining 15.77 points to reach 10,720.28 points, with total trading value amounting to SAR 3.3 billion.

According to Qatar News Agency, a total of 163 million shares …

Arab League Condemns Iranian Aggression on Gulf Nations

Cairo: The Arab League has reaffirmed that the Iranian attacks on Oman, two UAE oil tankers, and Kuwait are totally unacceptable. This came in telephone conversations Secretary-General Nabil Fahmy held Wednesday with the foreign ministers of the three…

Qatar Condemns Iranian Attacks on Jordan, Bahrain, and Kuwait

Doha: The State of Qatar strongly condemned the repeated Iranian attacks on the Hashemite Kingdom of Jordan, the Kingdom of Bahrain, and the State of Kuwait, considering them a blatant violation of the sovereignty of these countries and a flagrant bre…

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