Doha: Gold was on track for another weekly loss on Friday, pressured by a stronger US dollar and growing expectations that the US Federal Reserve will raise interest rates to curb inflation. Spot gold fell 0.9 percent to USD 3,991.49 per ounce during …
Doha: European stock markets opened lower on Friday: as investors shied away from risk and Apple shares declined, weighing on the technology sector. Among the major European markets, France’s CAC 40 index in Paris fell 0.24 percent, while Germany’s DA…
Doha: The price of Kuwaiti oil dropped by USD 2.63 to USD 76.81 per barrel in Thursday’s trading, compared to USD 79.44 per barrel in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).
According to Qatar N…
Doha: Oil prices fell by nearly 2 percent on Friday and were on track for sharp weekly losses as concerns over supply disruptions eased following the resumption of shipping through the Strait of Hormuz. Brent crude futures dropped by USD 1.50, or 1.99…