Business

Kuwaiti Oil Price Rises $2.88 to $87.44 a Barrel

Kuwait city: The price of Kuwaiti oil experienced a rise of $2.88, reaching $87.44 a barrel during Friday’s trading session. This increase is notable compared to Thursday’s price of $84.56 a barrel, as announced by the Kuwait Petroleum Corporation (KP…

QNB Analyzes Potential End of ECB’s Tightening Cycle

Gaza city: Qatar National Bank (QNB): The need for further monetary policy tightening by the European Central Bank (ECB) is expected to diminish, as the risks of energy price shocks spilling over into inflation have eased, the growth outlook for the E…

Gold Prices Decline as Investors Evaluate US Monetary Policy Path

Doha: Gold prices declined in Asian trading on Friday as investors awaited clues on the trajectory of US monetary policy. Spot gold fell 0.5 percent to $4,576.30 per ounce, after touching a three-month high earlier this week. US gold futures slid 0.8 …