Market

Kuwaiti Oil Price Rises USD 2.83

Kuwait city: The price of Kuwaiti crude oil increased by USD 2.83, reaching USD 75.27 per barrel in Saturday’s trading session. This is a rise from the previous price of USD 72.44 per barrel recorded in Friday’s session, as reported by the Kuwait Petr…

QNB Highlights Resilient US Economy Amid Labor Market Moderation

Doha: Qatar National Bank (QNB) stated that the US economy continues to show resilience amid domestic and external pressures, despite a moderation in the labor market and increased economic uncertainty.

According to Qatar News Agency, QNB emphasized…

US Stock Indexes Close Higher, S&P 500 Hits Record High

New york: Major US stock indexes closed higher on Friday, with the S and P 500 reaching a record high as investors responded to weaker-than-expected US jobs data that reduced expectations of a Federal Reserve interest rate hike in September.

Accordin…

Oil Prices Rise as Markets Monitor Geopolitical Developments

Oil prices extended their gains in trading on friday as markets continued to monitor geopolitical developments in the middle east:ifth of global oil and liquefied natural gas supplies transit. Brent crude futures rose 99 cents, or 1.2 percent, to $83….