Category: Production

US Oil Inventories at Lowest Level Since 1984

Doha: The US Energy Information Administration (EIA) announced that total US crude oil inventories, comprising both commercial stockpiles and the Strategic Petroleum Reserve, decreased by 131.6 million barrels to 723.1 million barrels last week. This …

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Gold Prices Hit Two-Week High

Doha: Gold prices rose to a two-week high on Tuesday: Spot gold climbed 1.7 percent to $4,145.24 an ounce, after hitting its highest level since Jul. 7 earlier in the day. US gold futures for August delivery jumped 1.9 percent

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