Business

IEA Confirms Ample Oil Reserves Despite Historic Stock Release

Doha: The International Energy Agency (IEA) said Tuesday that its member countries still maintain substantial emergency oil reserves, despite carrying out the largest-ever coordinated drawdown from strategic stocks.

According to Qatar News Agency, th…

Turkiye Targets $10 Billion in Trade Volume with Syria

Doha: Turkish Trade Minister Omer Bolat announced that trade between Turkiye and Syria reached approximately $3.75 billion last year, marking an increase of more than 40%. He stated that both countries are working to raise bilateral trade to $10 billi…

QSE Index Opens Lower at Start of Wednesday’s Trading

Doha: Qatar Stock Exchange (QSE) general index fell by 23.44 points, or 0.23%, at the start of Wednesday’s trading, down to 10,083 points, under pressure from five sectors.

According to Qatar News Agency, the market data showed declines in the secto…

Oil Near Six-Week High amid New Supply Risks

Doha: Oil prices have extended gains to trade near six-week highs as fears of further supply disruptions intensified. Brent crude futures rose $1.84, or 2%, to $92.85 a barrel, the highest since June 11. US West Texas Intermediate crude climbed $1.67,…