Washington: The US Department of Energy announced that it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to four companies. This move is part of a second round of releases intended to mitigate fuel prices amid …
New york: Major stock indexes on Wall Street closed mixed today as the weekend approached and investors monitored Middle East peace negotiations and their outcome.
According to Qatar News Agency, the S and P 500 fell 7.77 points, or 0.10 percent, t…
Doha: Oil futures prices fell in trading today, recording their biggest weekly decline since 2022. Brent crude futures fell 72 cents, or 0.8 percent, to settle at $95.20 a barrel, ending a week in which contracts fell 12.7 percent, the biggest weekly …
Doha: The economy of the Gulf Cooperation Council (GCC) member states grew in the third quarter of 2025, reflecting its sustained ability to balance the role of the oil sector while enhancing the contribution of non-oil activities to gross domestic pr…