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: 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,…
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: The Qatar Stock Exchange (QSE) general index opened higher on Wednesday, gaining 56.90 points, or 0.53%, to reach 10,747 points, compared to the previous session’s close, supported by most sectors.
According to Qatar News Agency, market data s…
Tokyo: Japan will start releasing oil from state reserves on Thursday, Prime Minister Sanae Takaichi said, after Tokyo started a similar operation last week. Takaichi stated that Japan will begin releasing national reserves from Mar. 26th to ensure th…
Doha: European stocks closed higher today, as investors weighed hopes for a de-escalation of the Middle East conflict against concerns about long-term economic damage.
According to Qatar News Agency, the pan-European Stoxx 600 index rose 0.4 percen…
Seoul: The South Korean government is considering imposing restrictions on naphtha exports as the country is facing supply shortages of the material, widely used across petrochemical and other industries, due to persisting geopolitical tensions in the…
Doha: Oil prices rose in early trading Tuesday on supply concerns. Brent futures rose $1.06, or 1.1%, to $101 a barrel, while US West Texas Intermediate (WTI) climbed $1.50, or 1.8%, to $89.71.
According to Qatar News Agency, the military escalation…