Market

Oil Prices Fall More Than 1% on Profit-Taking

Doha: Oil prices fell more than 1% on Monday as investors took profits after two consecutive weeks of gains. Brent crude futures fell $1.22, or 1.29%, to $93.17 a barrel. US West Texas Intermediate (WTI) crude fell $1.20, or 1.38%, to $85.86 a barrel….

Oil Prices Fall More Than 1% on Profit-Taking

Doha: Oil prices fell more than 1% on Monday as investors took profits after two consecutive weeks of gains. Brent crude futures fell $1.22, or 1.29%, to $93.17 a barrel. US West Texas Intermediate (WTI) crude fell $1.20, or 1.38%, to $85.86 a barrel….

Singapore Core Inflation Hits 2-Year High

Singapore: Singapore’s core inflation rate rose in July to its highest level in nearly two years, driven by higher prices for public utilities and fuel, amid the repercussions of rising global energy prices on household living costs.

According to Qa…