Kuwait city: Kuwait Petroleum Corporation (KPC) announced that it had been forced to reduce crude oil production due to disruptions to free navigation in the Strait of Hormuz. During his participation in the CERAWeek 2026 conference virtually, CEO of …
Tokyo: Japan will start releasing oil from state reserves on Thursday, Prime Minister Sanae Takaichi said, after Tokyo started a similar operation last week. Takaichi stated that Japan will begin releasing national reserves from Mar. 26th to ensure th…
Doha: European stock indices opened slightly higher Tuesday, amid uncertainty surrounding the conflict in the Middle East, which kept Brent crude oil prices above $100 a barrel. The pan-European Stoxx Europe 600 index opened up by about 0.3%, reaching…
Doha: Oil prices rose in early trading Tuesday on supply concerns. Brent futures rose $1.06, or 1.1%, to $101 a barrel, while US West Texas Intermediate (WTI) climbed $1.50, or 1.8%, to $89.71.
According to Qatar News Agency, the military