Doha: QNB said the plans of the new UK government could boost the country’s economic growth in the long run.
In its weekly report, QNB discussed three priorities for the new government in its mission to achieve stronger economic growth rates in the l…
The United States has purchased nearly 2.5 million barrels of oil to help replenish the Strategic Petroleum Reserve after the largest-ever withdrawal from the emergency reserve in 2022.
The U.S. Department of Energy said that approximately 800,000 ba…
Jerome H. Powell, Chair, Board of Governors of the Federal Reserve, said that time has come for the monetary policy to adjust.
“Inflation has declined significantly. The labor market is no longer overheated, and conditions are now less tight than th…
Malaysia’s Minister of Investment, Trade and Industry Tengku Zarful Abdul Aziz said on Friday that his country is holding talks on a free trade agreement (FTA) with the Gulf Cooperation Council (GCC).
A bilateral free trade agreement with the United…
Oil prices rose more than 1 percent Friday, as the US dollar fell.
Brent crude futures rose 95 cents, or 1.23 percent, to USD 78.17 a barrel, while US West Texas Intermediate (WTI) crude futures rose USD 1.06, or 1.45 percent, to USD 74.07 a barrel….
The official price of Oman oil, for delivery in October, today reached $76.62 cents, up by $1.47 compared to yesterdays price (Thursday), which was $75.15. It is worth noting that the monthly average price of Omani crude oil for delivery in August re…