Doha: Gold prices declined on Wednesday as investors weighed expectations that the US Federal Reserve will maintain a cautious monetary policy stance, amid rising oil prices and mounting inflationary pressures. Gold prices experienced a dip, with spot…
Muscat: The official price of Oman crude for May delivery rose to $153.12 per barrel, up by $0.54 from Tuesday’s price of $152.58, according to data released on Wednesday.
According to Qatar News Agency, on a monthly basis, the average price of Oman…
Kuwait city: The price of Kuwaiti oil rose by $4.60 to $153.22 per barrel on Tuesday, compared to $148.62 the previous day.
According to Qatar News Agency, the Kuwait Petroleum Corporation (KPC) reported the increase in oil prices. In global markets…
Doha: European stock markets ended the day broadly higher, despite a renewed rise in oil prices above $100 a barrel amid fresh supply concerns. The pan-European STOXX Europe 600 index closed up 0.6%, with most sectors and major regional bourses postin…