Washington: The US Energy Information Administration (EIA) announced a decrease in US crude oil inventories, while gasoline and distillate stocks increased last week.
According to Qatar News Agency, the EIA, the statistical arm of the US Department …
Doha: The Saudi Central Bank reduced its interest rate by 25 basis points to 4.25 percent, and lowered the reverse repo rate to 3.75 percent.
According to Qatar News Agency, the Bank stated that the decision aligns with global
Doha: Gold prices slipped on Wednesday as the dollar firmed following stronger-than-expected US payrolls data, putting pressure on bullion ahead of the Federal Reserve meeting, where a rate cut is widely expected. Spot gold fell 0.1% to $4,207.39 per …
Doha: Oil Prices Fall 1 Percent at Settlement: Oil prices slipped by 1 percent at the close of trading on Tuesday. Brent crude futures fell 55 cents, or 0.88 percent, to settle at $61.94 a barrel. US West Texas Intermediate