Although oil prices did not witness any significant change in early Asian trading on Friday, they are heading to end the week on a rise that will be the second in a row, after a large cut in US interest rates and a decline in global inventories.
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Gold prices hovered near record highs on Friday and were poised for a weekly gain, as markets adjusted to the US Federal Reserve’s recent giant interest rate reduction and signs that further cuts were on the horizon.
Spot gold rose 0.2% to $2,592.17…
The Director General of the Department of Foreign Economic Relations at the Ministry of Trade, Riyadh Al-Hashemi, accompanied by a group of Iraqi businessmen, visited the industrial zone in the Azerbaijan capital, Baku. This was on the sidelines of t…
The price of Kuwaiti oil rose $1.37 to reach $76.08 per barrel in Thursday’s trading, compared to $73.70 in trading the day before, according to the price announced by the Kuwait Petroleum Corporation (KPC).
In global markets, US West Texas Intermed…
The price of Kuwaiti oil rose $1.37 to reach $76.08 per barrel in Thursday’s trading, compared to $73.70 in trading the day before, according to the price announced by the Kuwait Petroleum Corporation (KPC).
In global markets, US West Texas Intermed…
Oil prices edged lower on Friday, but were on track to end higher for a second straight week following a steep interest-rate cut by the US Federal Reserve and declining global stockpiles.
Brent futures traded lower 26 cents, or 0.4%, to $73.62 a bar…
Oil prices edged lower on Friday, but were on track to end higher for a second straight week following a steep interest-rate cut by the US Federal Reserve and declining global stockpiles.
Brent futures traded lower 26 cents, or 0.4%, to $73.62 a bar…
Oil prices edged lower on Friday, but were on track to end higher for a second straight week following a steep interest-rate cut by the US Federal Reserve and declining global stockpiles.
Brent futures traded lower 26 cents, or 0.4%, to $73.62 a bar…
Caretaker Prime Minister, Najib Mikati, on Thursday emphasized the need for the UN Security Council to take a firm stand against Israel’s ongoing aggression on Lebanon, including its technological warfare, which has resulted in hundreds of deaths and…
The Head of the Progress Party, Mohammed al-Halbousi, criticized the construction of bridges in the capital, Baghdad, today, Friday, indicating that their value is three times the budget of 15 governorates.
Al-Halbousi said in a televised interview …
The Islamic Resistance Movement, the Al-Nujaba Movement, issued an angry statement today, Friday, regarding the targeting of a leader in the Hezbollah Brigades in Damascus, indicating that these crimes will not pass without punishment and that it wil…
The Secretary-General of Asa’ib Ahl al-Haq, Qais Khazali, identified today, Thursday, the most prominent indications of the American retreat in Iraq.
Khazali said, “The most prominent indications of the American retreat are Iraq’s enactment, through…
