Tag: business

Oil Prices Jump 7% after Surprise Move to Cut Output

Oil prices surged on Monday, jolted by a surprise announcement by OPEC+ to cut production further in an effort to support market stability.The price of Brent Crude oil jumped by more than $5 a barrel, or 7%, to above $85 as trading began, while US Wes…

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Turkiye, EU Sign Agreement on Single Market Program

Turkiye has signed an agreement with the European Union to join the EU’s single market program for 2021-2027.Turkiye’s Deputy Minister of Foreign Affairs and Director for EU Affairs Mehmet Kemal Bozay and EU Directorate-General for Internal Market, In…

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Qatar Stock Exchange Drops 0.25 Percent

Qatar Stock Exchange (QSE) index dropped 25.21 points, or 0.25 percent to close trading at 10,100.97 points on Monday.The volume of shares traded increased to 197,009,282 from 177,269,768 on Sunday and the value of shares increased to QR474,212,489.53…

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China-Iran Trade Volume Increases by 6 Percent

Trade volume between China and Iran increased in January and February of 2023 by 6 percent compared to the same period in 2022.According to the latest statistics of the General Administration of Customs of the People’s Republic of China, the volume of…

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