April 23, 2025

Oil Prices Rise Amid US Crude Stock Drop and Fed Speculations

Doha: Oil prices rose almost 1% in early trade on Wednesday, continuing the previous day’s upward trend as investors considered a decline in US crude stocks and recent comments from Donald Trump regarding the Federal Reserve.

According to Qatar News…

IMF Forecasts Slower Global Economic Growth Amid High US Tariffs

Washington: The International Monetary Fund (IMF) has confirmed that global economic output is expected to slow down in the coming months, largely due to the impact of high tariffs imposed by US President Donald Trump.

According to Qatar News Agency…

Dollar Rises as Trump Reconsiders Firing Fed Chair

Washington: The US dollar experienced a significant rise against major currencies after US President Donald Trump decided to withdraw his threats to dismiss Federal Reserve Chairperson Jerome Powell. Powell had been under intense scrutiny for his deci…