Category: Business

QSE Index Drops 44.54 Points at Start of Trading

The general index of Qatar Stock Exchange (QSE) dropped 44.54 points, or 0.44 percent, at the beginning of trading on Tuesday, reaching 10,012 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: I…

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Kuwaiti Oil Falls by $4.70 Per Barrel

The price of a barrel of Kuwaiti oil fell by USD4.70, reaching USD75.77 per barrel in trading yesterday, Monday, compared to USD80.47 in trading last Friday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, the…

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Oil at 8-Month Low on Recession Fears

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…

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Gold Rises Amid US Recession Fears

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…

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