Washington: The US Energy Information Administration confirmed that US inventories of crude oil, gasoline, and distillates declined over the past week. In a statement issued on Wednesday, the agency said crude oil inventories fell by 2.3 million barre…
Doha: Oil prices fell about 4 percent at settlement on Tuesday as two vessels passed through the Strait of Hormuz and the United States said a cease-fire with Iran remained in effect despite exchanges of fire between the two sides.
According to Qata…
Seoul: South Korea’s consumer prices rose at the fastest pace in 21 months in April, driven by soaring fuel costs. Consumer prices, a key gauge of inflation, increased 2.6 percent from a year earlier last month, according to the data from the South Ko…
Doha: European stock indexes closed higher at the end of trading on Wednesday.
According to Qatar News Agency, the pan-European Stoxx Europe 600 rose 2.3 percent at the close, with major regional bourses also posting gains. France’s CAC 40 climbed …