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Oil Prices Decline as Brent Crude Falls to $84.95 per Barrel

Georgetown: Oil prices turned lower on Thursday after paring their early gains, as traders took profits. Brent crude futures slipped 24 cents, or 0.28%, to $84.95 a barrel, while US West Texas Intermediate futures were down 15 cents, or 0.19%, to $79….

Saudi Stock Index Ends Trading Session with Gains

Georgetown: The Saudi main stock index closed on Thursday’s trading session higher, gaining 15.77 points to reach 10,720.28 points, with total trading value amounting to SAR 3.3 billion.

According to Qatar News Agency, a total of 163 million shares …

Libya Records Highest Daily Oil Production Rate Since 2014

Doha: Libya’s Akakus Oil Operations announced that it has achieved the highest daily crude oil production rate in July since 2014, with a production volume of approximately 332,056 barrels per day.

According to Qatar News Agency, the increase in pr…