Business

Oil Extends Declines as Markets Await US-Iran Talks

Oil prices rose slightly on wednesday after steep falls in the previous two trading sessions:ran war and restore shipping through the Strait of Hormuz. Brent crude futures dropped 92 cents, or about 1.2%, to $78.44 a barrel. They have tumbled more tha…

Gold Rises 0.1% on Softer Dollar, Focus on US Jobs Data

Doha: Gold prices edged higher on Wednesday, helped by a softer dollar, while investors awaited key US jobs data for clues on the Federal Reserve’s next monetary policy move. Spot gold was up 0.1% at $4,081.09 per ounce, while US gold futures fell 0.4…

Kuwaiti Oil Price Drops by USD 12.04

Kuwait city: The price of Kuwaiti crude oil experienced a decline of USD 12.04, settling at USD 73.24 per barrel in Monday’s trading session. This marked a decrease from the USD 85.28 per barrel recorded in Friday’s session, as reported by the Kuwait …

Qatari Investors Group’s Profit Falls 22.35 Percent in H1 2026

Doha: Qatari Investors Group net profit for the six-month period ending June 30, 2026, dropped 22.35 percent to reach QAR 55.688 million in comparison to QAR 71.721 million for the same period of the previous year.

According to Qatar News Agency, da…