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QSE Index Falls Below 10,000-Point Mark at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) fell below the 10,000-point mark at the beginning of trading on Monday, reaching 9,885 points after dropping 172 points, or 1.71%, compared to the closing of Sunday’s session, affected by declines …

Japanese Yen to 7-Month Highs as US Economic Slowdown Persist

Japan’s yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak US labor data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve.

The dollar ind…

Slight increase in Basra crude oil prices

Basra Heavy and Medium crude prices rose slightly on Monday, with global oil prices stabilizing.

Basra Heavy crude increased by 8 cents to $75.84 per barrel, while Basra Medium crude rose by the same amount to $78.96 per barrel.

This slight rise in …

Oil at 8-Month Low on Recession Fears

Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.

Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Interme…

Oman Oil Exports Exceed 135.3m Barrels by End of June 2024

The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…

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