Market

Oil Prices Rise 3% on Middle East Escalation Fears

Oil prices rose about 3% Monday on fears that escalation in the Middle East could disrupt oil supplies from the region.

Brent crude futures rose $2.30, or 2.91%, to $81.32 a barrel, while US crude futures rose $2.22, or 2.97%, to $77.05 a barrel.

Br…

QSE Index Starts Trading in Green Zone

Qatar Stock Exchange index started Tuesday’s trading in green zone, rising by 60.75 points, or 0.59%, to reach the level of 10,276 points, compared to yesterday’s closing.

QSE general index was supported by a rise in all sectors: Banks and Financial …

Gold Extends Gains on Fed Rate Cut Hopes

Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.

Spot gold rose 0.2% to $2,516.09 per ounce.

US gold futures gained 0.2% to $2,55…