Market

Saudi Arabia, UK Discuss Energy Cooperation

Riyadh: Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz and British Foreign Secretary Yvette Cooper, who is visiting Saudi Arabia, discussed on Thursday the prospects for cooperation between the two countries in various fields, particu…

Oil Prices Rise Over 9 Percent at Settlement

Doha: Oil prices rose more than 9 percent at settlement Thursday, amid concerns about a prolonged supply disruption due to the ongoing war in the Middle East. Brent crude futures rose $8.48, or 9.22 percent, to settle at $100.46 a barrel, their highes…

Gasoline Prices in US Surge Past $3.50 Amid Middle East Conflict

Washington: Data from price tracking services AAA and GasBuddy showed that the average national retail price of gasoline in the United States surpassed $3.50 a gallon this week, reaching its highest level since May 2024, as the Israeli-American war on…