Market

US Crude Oil Inventories Surge Contrary to Expectations

Washington: The US Energy Information Administration (EIA) announced Wednesday that US crude oil inventories rose last week.

According to Qatar News Agency, the EIA reported that crude oil inventories increased by 3.8 million barrels during the week…

South Korea’s Consumer Prices See 2.2% Rise in June

Seoul: Consumer prices in South Korea rose nearly 2 percent in June, driven by higher costs for industrial goods, particularly processed food products. On an annual basis, they rose 2.2 percent last month compared to the same period last year.

Accor…

QSE Index Drops at Market Open

Doha: The Qatar Stock Exchange (QSE) general index saw a decline of 22.92 points, or 0.21%, at the start of trading on Wednesday. This decrease brought the index to 10,574 points, down from the previous session’s close. The decline was influenced by l…