Business

Oil Futures Experience Significant Weekly Decline

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 …

GCC Economies Exhibit Growth in Third Quarter of 2025

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…

Kuwaiti Crude Oil Price Drops by $1.41 to $101.03 per Barrel

Kuwait city: The price of Kuwaiti crude oil experienced a decrease of $1.41, settling at $101.03 per barrel during Friday’s trading, a decline from the previous session’s price of $102.44 per barrel.

According to Qatar News Agency, the global oil ma…

Libya Approves First Unified State Budget in Over 13 Years

Doha: Libya has approved its first unified state budget in more than 13 years, the Central Bank of Libya said on Saturday.

According to Qatar News Agency, the approval by the House of Representatives and the High Council of State is expected to stre…