Market

Oil Prices Extend Losses Amid Supply Concerns, Stronger Dollar

Doha: Oil prices fell for a third consecutive session on Friday, weighed down by expectations of higher global supply as the United States seeks to broker a peace agreement between Russia and Ukraine. Brent crude futures fell 71 cents, or 1.12%, to $6…

Gold Slips as Markets Scale Back December Rate-Cut Hopes

Doha: Gold prices fell in Asian trading on Friday, putting the precious metal on track for a weekly decline, after stronger-than-expected US employment data reduced the likelihood of an interest rate cut in December. Gold prices experienced a 0.2% dip…

Oil Prices Dip Slightly on Global Markets

Doha: Oil prices edged lower on Thursday, with both Brent and West Texas Intermediate (WTI) crude recording modest declines. Brent crude futures fell by 13 cents, or 0.2%, to settle at $63.38 per barrel. Meanwhile, WTI crude, the US benchmark, dropped…

Qatar Implements New Rules for Exporting Newly Registered Vehicles

Doha: The Ministry of Commerce and Industry has approved a new implementation mechanism to tighten the export of new vehicles until they have been registered for at least one year. The mechanism, developed in coordination with the General Authority of…