Market

S. Korea’s Consumer Price Index Rose by 3.1%

Seoul: South Korea’s consumer prices rose more than 3 percent in May from a year earlier. Consumer prices, a key gauge of inflation, increased 3.1 percent last month from a year earlier, marking their highest growth in 26 months, South Korea’s Ministr…

Libya, Oman Discuss Strengthening Economic Cooperation

Libya: Prime Minister of Libya’s Government of National Unity, Abdul Hamid Dbeibeh, held talks on Monday with a delegation representing several investment and energy companies from Oman on opportunities for cooperation in the oil, gas, and renewable e…

Oil Prices Surge Over 4 Percent Amid Market Developments

New york: Oil prices rose more than 4 percent on Monday. Futures for Brent crude climbed $3.86, or 4.2 percent, to settle at $94.98 a barrel. US crude futures advanced $4.80, or 5.5 percent, to settle at $92.16 a barrel.

According to Qatar News Agen…

Oil Prices Maintain Momentum Following Previous Session Surge

Berlin: Oil prices: Oil prices held on to most of the strong gains recorded in the previous session during early trading today. Brent crude futures rose by 6 cents, or 0.06%, to $95.04 a barrel. US West Texas Intermediate (WTI) crude futures fell by 1…