August 12, 2026

Oman Crude Oil Price Falls by USD 2.19

Muscat: The official price of Oman crude oil for October delivery stood at USD 86.93 per barrel on Wednesday, marking a decrease of USD 2.19 from Tuesday’s price of USD 89.12.

According to Qatar News Agency, the average monthly price of Oman crude f…

Estithmar Holding Reports 14.43% Profit Growth in H1 2026

Doha: Estithmar Holding recorded a 14.43 percent increase in net profit in the first half of 2026, reaching QAR 557.723 million, compared with QAR 487.376 million in the same period of 2025.

According to Qatar News Agency, the company’s earnings per…

European Stocks Open Mixed as Markets Eye US Inflation Data

European stock indices opened mixed on wednesday:uropean stock indices opened mixed on Wednesday, amid anticipation of the release of monthly inflation data in the US, at a time when markets were supported by higher oil prices. In the main European ma…

Kuwait Petroleum Corporation Reports $6.9 Billion Profit

Kuwait: Kuwait Petroleum Corporation (KPC) recorded USD 6.9 billion (2.155 billion dinars) in net consolidated profit for fiscal year 2025-26, exceeding results from the previous three years.

According to Qatar News Agency, KPC CEO Nawaf Al Sabah de…