Category: Business

US Crude Oil Inventories Fell Last Week

The US Energy Information Administration announced Thursday that crude oil, gasoline and distillate inventories in the United States fell last week, while gasoline inventories rose.

The administration, which is the statistical arm of the US Departmen…

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QSE Index Closes 0.02 Percent Higher

Doha: Qatar Stock Exchange (QSE) Index closed Thursday’s trading session up by 2.23 points, or 0.02 percent, to reach 10,323.32 points.

During the session, 118,887,467 shares were traded, with a total value of QAR 259,815,459.778, resulting from 10,8…

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Oil Prices Rise 1% As OPEC+ Delays Output Increase

Oil prices rose nearly 1% on Thursday, amid a larger-than-expected drawdown in US inventories and OPEC+ delaying an output increase.

Brent crude futures rose 89 cents, or 1.2%, to $73.59 a barrel, while US West Texas Intermediate (WTI) crude futures …

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