New york: The US dollar weakened on Wednesday as crude oil prices declined, with improving risk sentiment ahead of a series of key monetary policy decisions by major central banks. The dollar index, which measures the greenback against a basket of six…
Doha: Oil prices rose by more than 3% at settlement on Tuesday, amid ongoing market volatility. Futures for Brent crude climbed by $3.21, or 3.2%, to settle at $103.42 per barrel. Meanwhile, West Texas Intermediate crude rose by $2.71, or 2.9%, to $96…
Baghdad: Oil prices declined on Wednesday following the resumption of crude exports from Iraq’s Kirkuk oilfields to Turkiye’s Ceyhan port, easing concerns over supply disruptions in global markets.
According to Qatar News Agency, the pullback comes…
Doha: Gold prices declined on Wednesday as investors weighed expectations that the US Federal Reserve will maintain a cautious monetary policy stance, amid rising oil prices and mounting inflationary pressures. Gold prices experienced a dip, with spot…
Muscat: The official price of Oman crude for May delivery rose to $153.12 per barrel, up by $0.54 from Tuesday’s price of $152.58, according to data released on Wednesday.
According to Qatar News Agency, on a monthly basis, the average price of Oman…
Kuwait city: The price of Kuwaiti oil rose by $4.60 to $153.22 per barrel on Tuesday, compared to $148.62 the previous day.
According to Qatar News Agency, the Kuwait Petroleum Corporation (KPC) reported the increase in oil prices. In global markets…
Doha: European stock markets ended the day broadly higher, despite a renewed rise in oil prices above $100 a barrel amid fresh supply concerns. The pan-European STOXX Europe 600 index closed up 0.6%, with most sectors and major regional bourses postin…
Muscat: The Muscat Stock Exchange (MSX) 30 index closed higher on Wednesday, marking a gain of 100.8 points, or 1.32%, to reach 7,765.46 points. This is an improvement compared to the previous close which stood at 7,664.63 points.
According to Qatar…