Market

Oil Prices Settle Lower as Brent and WTI Crude Futures Decline

Doha: Oil prices declined at settlement on Tuesday: Brent crude for June delivery fell $3.42 to close at $103.97 a barrel. May Brent futures dropped $5.57, or 4.94 percent, to settle at $118.35 a barrel. U.S. West Texas Intermediate (WTI) crude future…

Food Prices in Britain Expected to Rise by 9% by End of 2026

London: Official data predicts that food price inflation in Britain will reach 9 percent this year, even if the Strait of Hormuz reopens in the coming weeks, due to rising energy prices resulting from the conflict in Iran.

According to Qatar News Ag…

Oil Prices Surge Over 1% Amidst Continued Middle East Tensions

London: Oil prices rose more than 1% on Wednesday, as Brent futures extended their gains following a record monthly rise in March. The volatility in the Middle East has continued to keep markets on edge, despite reports suggesting that the US-Israeli …