Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.
Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Interme…
Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per…
The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…
Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.
Output and new or…
Doha: Hamad Port operator, QTerminals, announced that it has reached a significant milestone by exceeding 10 million Twenty-foot Equivalent Units (TEUs) at its flagship facility, Hamad Port, since the start of operations.
It added that this landmark …
Doha: Qatar Industrial Manufacturing Company (QIMC) net profits fell by 25.75 percent in the first half of 2024 to QR 79.592 million compared to QR 107.205 million in the same period of 2023.
Data issued by the company and published on the Qatar Stoc…