Business

European Stocks Open Higher as Oil Prices Surge

Doha: European stock markets opened trading higher on Wednesday: supported by oil prices rising above the USD 100-a-barrel level, continued inflationary pressures, and the political stalemate in West Asia.

According to Qatar News Agency, among the m…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…