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Oil Prices Fall as Iraq Resumes Exports via Ceyhan Port

Baghdad: Oil prices declined on Wednesday following the resumption of crude exports from Iraq’s Kirkuk oilfields to Turkiye’s Ceyhan port, easing concerns over supply disruptions in global markets.

According to Qatar News Agency, the pullback comes…

Oman Crude Price Rises to $153.12 per Barrel for May Delivery

Muscat: The official price of Oman crude for May delivery rose to $153.12 per barrel, up by $0.54 from Tuesday’s price of $152.58, according to data released on Wednesday.

According to Qatar News Agency, on a monthly basis, the average price of Oman…

Gold Prices Fall Ahead of Fed Rate Decision

Doha: Gold prices declined on Wednesday as investors weighed expectations that the US Federal Reserve will maintain a cautious monetary policy stance, amid rising oil prices and mounting inflationary pressures. Gold prices experienced a dip, with spot…

US Federal Reserve Keeps Interest Rate Unchanged

Washington: The US Federal Reserve has kept its benchmark interest rate unchanged, maintaining the overnight lending rate in a range of 3.50 percent to 3.75 percent.

According to Qatar News Agency, the Federal Open Market Committee voted unanimously…