Market

Oman Crude Price Rises to $153.12 per Barrel for May Delivery

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…

Kuwaiti Oil Price Climbs to $153.22 per Barrel

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…

European Stocks Close Higher Despite Renewed Oil Price Surge

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…

US Federal Reserve Keeps Interest Rate Unchanged

Washington: The US Federal Reserve has kept its benchmark interest rate unchanged, maintaining the overnight lending rate in a range of 3.50 percent to 3.75 percent.

According to Qatar News Agency, the Federal Open Market Committee voted unanimously…