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US Crude Oil Inventories Fell Last Week

The US Energy Information Administration announced Thursday that crude oil, gasoline and distillate inventories in the United States fell last week, while gasoline inventories rose.

The administration, which is the statistical arm of the US Departmen…

Saudi Stock Exchange Index Closes Higher

The main Saudi Stock Exchange Index closed Sunday, up by 68.21 points to reach 12,262.64 points, with trades worth SR 7.9 billion.

The volume of traded shares reached 297 million shares, with the shares of 154 firms recording an increase in their val…

Oman Oil Price Reaches $75.49 a Barrel

The official price of Omani oil, for delivery in October, reached on Wednesday $75.49 per barrel, an increase of 48 cents compared with Tuesday’s price, which amounted to $75.1.

It is noteworthy that the monthly average price of Omani crude oil for d…

Kuwait Oil Price Records USD 76.28 PB

Price of Kuwaiti oil increased 51 cents to settle at USD 76.28 per barrel on Tuesday compared with USD 75.77 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Monday.

Globally, the price of Brent crude rose by 18 cents to USD 76.48 pb,…

QCB Foreign Reserves Surge 3.89 Percent in July 2024

Doha, August 07 (QNA) – The foreign currency reserves and foreign currency liquidity of the Qatar Central Bank (QCB) increased by 3.89 percent year-on-year to reach QAR 250.981 billion in July 2024 compared to QAR 241.572 billion in the same period of…

Japanese Yen Plummets as BOJ Signals No Near-Term Rate Hike

The Japanese yen dropped on Wednesday after Bank of Japan (BOJ) Deputy Governor Shinichi Uchida stated that the central bank would not raise interest rates in the near term, easing trader concerns about another potential rise in the yen that could dis…

QSE Index Drops 16.38 Points at Start of Trading

The general index of Qatar Stock Exchange (QSE) dropped 16.38 points, or 0.16%, at the beginning of trading on Wednesday, reaching 10,032 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: Teleco…

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