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Oil Prices Decline Amid Rising US Crude Inventories

Doha: Oil Falls as US Crude Inventories Rise: Oil prices fell on Wednesday following an unexpected surge in US crude inventories, while investors were assessing supply risks in the Middle East. Brent futures fell 93 cents, or 0.86%, to $107.82 a barre…

Qatar Central Bank Increases Interest Rates by 25 Basis Points

Doha: The Qatar Central Bank announced today an increase in its deposit interest rate (QCBDR) by 25 basis points to 4.10 percent, following an assessment of the State of Qatar’s current monetary policy.

According to Qatar News Agency, the Monetary P…

US Federal Reserve Hikes Interest Rates 0.25 Percent

Doha: The US Federal Reserve raised interest rates by a quarter of a percentage point today, marking its first increase in three years, as the central bank seeks to combat elevated inflation.

According to Qatar News Agency, the Federal Open Market C…