September 9, 2024

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

QCB’s August 2024 Foreign Currency Reserves Up by Four Percent

Doha: Qatar Central Bank (QCB)’s international reserves and foreign currency liquidity recorded QR 252.3 billion in August 2024, a four-percent Y-o-Y rise.

The data released by the QCB on Monday unveiled a 5.2-percent increase in official reserves at…

QSE Index Rises 0.12% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 12.74 points, or 0.12% to reach the level of 10,273 points at the beginning of trading on Monday, compared to yesterday’s closing.

QSE general index was supported by a rise in most sectors: T…