Market

Omani Oil Price Rises to $63.91 a Barrel

Muscat: The official price of Oman crude oil for February delivery was recorded today at $63.91, an increase of 34 cents compared to yesterday’s price of $63.57.

According to Qatar News Agency, the monthly average price of Omani crude oil for the cu…

Gold Slips as Investors Turn Cautious Ahead of Fed Meeting

Doha: Gold edged lower on Thursday as investors booked profits, taking a cautious stance ahead of next week’s US Federal Reserve meeting, while looking to upcoming data for clearer signals on the central bank’s interest rate path. Gold was down 0.2% a…

QSE Index Rises 0.51% at Start of Trading

Doha: The QSE index rose at the beginning of Thursday’s trading by 0.51%, gaining 54.16 points to reach 10,777 points, compared to the previous session’s close, backed by six sectors.

According to Qatar News Agency, market data showed gains in Banks…

Dollar Soft as Rate-cut Bets Intact, Euro at 7-week High

New york: The US dollar was on a weak footing on Thursday after lacklustre economic data seemingly cemented the case for a rate cut from the Federal Reserve next week, providing relief to the yen and pushing the euro to an almost seven-week high.

A…