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European Stocks Close Higher on Strong Mining Sector Performance

Doha: European shares closed higher on Wednesday, buoyed by a surge in mining stocks. The pan-European STOXX Europe 600 rose 0.8 percent to close at 611.42 points, with most major sectors and bourses posting gains.

According to Qatar News Agency, Fr…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

Oil Prices Fall After Three Consecutive Sessions of Gains

Doha: Oil prices fell Wednesday after rising for three consecutive sessions, as investors awaited developments regarding the fragile ceasefire in the war with Iran. Brent crude futures fell 82 cents, or 0.76 percent, to $106.95 a barrel, while US West…