Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.
Brent crude futures for November were
The dollar index fell 0.15% to 100.87 on Monday, while the yen reached its highest levels in more than a year in limited trading, amidst expectations of a rate cut decision by the US Federal Reserve this week.
The dollar
Doha: Qatar’s Industrial Production index (IPI) recorded 103.2 points in July 2024, an increase by 6% compared to the previous month (June 2024), but decreased by 4% when compared to the corresponding month in 2023.
The IPI measures the growth
The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 30 million.
The bank said, in a statement Monday, that the interest rate on repurchase operations with the