Day: August 13, 2024

Oil prices rose more than three percent at settlement today, extending their gains for the fifth consecutive session amid increasing risks of supply disruptions.

Brent crude futures increased by USD 2.64, or 3.3 percent, to USD 82.30 per barrel at se…

The dollar stabilized on Monday as traders awaited US economic data to gauge its impact on the prospects of a larger-than-expected interest rate cut, while a rise in Japanese stocks helped stem losses from yen carry trades. The dollar index, which mea…

The general index of Qatar Stock Exchange (QSE) dropped 45.11 points, or 0.45%, at the beginning of trading on Tuesday, reaching 10,048 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in six sectors: Transport…

Qatar Stock Exchange (QSE) announced today the results of the August 2024 Index Review for the MSCI Equity Indexes.

The Review included the reclassification of Ooredoo from MSCI Qatar Large Cap Index to MSCI Qatar Mid Cap Index; and the deletion of Q…

The official price of Oman oil Tuesday, for delivery in October, reached $80.03, up by $1.31, compared to yesterday’s price (Monday) of $78.72.

The monthly average price of Omani crude oil for delivery in August reached $82.50 per barrel, down by $1….

The Bank of England is poised for a setback in the battle against high inflation this week amid expectations for a first increase in the headline rate this year, highlighting the pressure from the cost of living crisis, (The Guardian) newspaper said.
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Japanese stock indices rose on the Tokyo Stock Exchange at the beginning of Tuesday’s trading session.

The Nikkei 225 index rose 1,061.89 points, or 3.03 percent, to 36,086.89 after midday trading.

The broader Topix index added 57.28 points, or 2.31…

The International Energy Agency (IEA), headquartered in Paris, maintained on Tuesday that its forecast for oil demand growth this year at 970,000 barrels per day. However, it revised its forecast for 2025, from 980,000 barrels to 950,000 barrels a day…

European stocks closed mixed Wednesday, with sovereign bond yields rising in Germany, Italy and the United Kingdom, and as investors analyzed new unemployment data in the Eurozone.

The European Stoxx 600 index recorded 521.14 points at the end of tra…

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after the Organization of the Petroleum Exporting Countries (OPEC) on Monday cut its forecast for demand growth in 2024 due to softer…