Market

European Stocks Close at Record High Boosted by Glencore Surge

Jordan: European stocks closed at a record high Friday: European stocks closed at a record high Friday, boosted by a strong surge in Glencore shares, which helped push the Stoxx 600 index to its longest weekly winning streak since last May.

Accordin…

QatarEnergy Acquires Stake in Offshore Lebanon Exploration Block

Beirut: QatarEnergy has entered into an agreement with the Lebanese government, TotalEnergies, and Eni for a stake in an exploration block offshore Lebanon. The agreement marks QatarEnergy’s acquisition of a 30% interest in Block 8, with TotalEnergies…

Omani Oil Prices Rise to $61.09 a Barrel

Jordan: The price of Omani crude oil deliverable in March reached $61.09 a barrel. The price of Omani crude oil for today increased by $2.53 a barrel to $58.56 a barrel.

According to Qatar News Agency, the monthly average for Omani crude oil in Janu…