Market

OECD Lowers Eurozone Growth Forecast

Doha: The Organization for Economic Co-operation and Development (OECD) announced Thursday that it has lowered its growth forecast for the Eurozone to 0.8 percent and predicted higher inflation this year, following a sharp rise in energy prices caused…

Oil Prices Fall by Over 2 Percent Amid Ceasefire Expectations

Dubai: Oil prices fell by more than 2 percent at settlement Wednesday, recovering some of the heavy losses incurred earlier in the session, amid expectations of a possible ceasefire that could ease supply disruptions in the Middle East. Brent crude fu…