Market

German Government Plans to Limit Fuel Price Hikes to Once Daily

Berlin: The German government announced Tuesday its intention to implement new regulatory measures to curb frequent fuel price fluctuations by limiting the number of price increases at gas stations to once per day.

According to Qatar News Agency, th…

Jordan’s Wheat Reserves Sufficient for 5.5 Months, Minister Says

Jordan: Jordan’s Minister of Industry, Trade and Supply Yarub Qudah announced that the Kingdom’s wheat reserves are adequate to cover consumption for 5.5 months, with an additional four-month supply already contracted and on its way. This statement wa…

EU Offers Support to Ukraine for Druzhba Pipeline Repairs

Brussels: European Union (EU) officials announced Tuesday that Ukraine has accepted European technical and financial assistance to repair the Druzhba pipeline, which carries Russian oil to Hungary and Slovakia. European Commission President Ursula von…

Oman Crude Jumps Above $150 per Barrel

Muscat: The official price of Omani crude oil for May delivery rose sharply on Tuesday, gaining $4.58 to reach $152.58 per barrel, compared to $147.79 in the previous session.

According to Qatar News Agency, the average monthly price of Omani crude …