Kuwait Oil Price Down $1.14 to $71.14

The Kuwaiti oil price fell $1.14 to $71.14 per barrel on Tuesday, compared with $72.28 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.

Globally, Brent crude went down by 30 cents to $71.12 pb, and West Texas Intermediate crude fe…

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Japanese Stocks Rise Supported by Technology Shares

Japanese stocks ended higher Wednesday for the third straight day on buying of technology shares.

The 225-issue Nikkei Stock Average ended up 373.71 points, or 0.96 percent, from Tuesday at 39,277.39.

The broader Topix index finished 21.70 points, …

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Gold Hovers Near Record High ahead of Key Economic Data

Gold prices lingered near record highs on Tuesday, while investors awaited key economic data for clues on the US Federal Reserve’s interest rate trajectory.

Spot gold was up 0.5% at $2,755.42 per ounce. Prices hit a record high of $2,758.37 last Wedn…

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Oil Prices Edge Up on US Plan to Boost Reserve

Oil prices edged up on Tuesday, after a sharp plunge in the previous session, as a US plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some support.

Brent crude futures climbed 44 cents to $71.86 a barrel by, while US West Texas Int…

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QSE Index Rises 0.20% at Start of Trading

Qatar Stock Exchange (QSE) index started Tuesday’s trading on a positive note, rising 20.49 points, or 0.20%, to reach the level of 10,524 points, compared to Monday’s closing.

QSE was support by a rise in four sectors: Real Estate by 1.21%; Banks an…

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