Market

China Brings Major Oilfield in Bohai Sea into Production

Doha: China National Offshore Oil Corporation (CNOOC) announced Tuesday that a newly developed oilfield in the Bohai Sea has started production. The Kenli 10-2 oilfield, situated in the southern waters of the Bohai Sea, is noted as the largest litholo…

QSE Index Opens Lower with Insurance Sector Leading Decline

Doha: The Qatar Stock Exchange (QSE) general index saw a decrease of 11.46 points, or 0.10%, at the commencement of trading on Tuesday, dropping to 11,010 points from the previous session’s close.

According to Qatar News Agency, the decline was prim…

Oil Falls on Fuel Demand Concerns Amid US-EU Trade Tensions

London: Oil prices declined on Tuesday as concerns the brewing trade war between major crude consumers the US and the European Union (EU) will curb fuel demand growth by lowering economic activity weighed on investor sentiment. Brent crude futures fel…

Qatar National Bank Releases Exchange Rates Against US Dollar

Doha: Qatar National Bank (QNB) has announced the latest exchange rates against the US Dollar as of Thursday. The bank has provided the buying and selling rates for various currencies.

According to Qatar News Agency, the rates were issued to inform …