Oil prices fell to their lowest levels since early June today, as worries over Chinese demand outweighed expectations of declining crude and petroleum product inventories in the United States. Brent crude futures decreased by 77 cents, or 0.97 percent, to $79.01 per barrel. Similarly, US West Texas Intermediate (WTI) crude futures dropped by 66 cents, or 0.87 percent, to $75.15 per barrel. Both benchmarks had fallen by over a dollar earlier in the session. Source: Qatar News Agency
Related Posts
Minister of Finance Participates in GCC, World Bank Event in Washington
HE Minister of Finance Ali bin Ahmed Al Kuwari participated in the event of the Gulf Cooperation Council (GCC) in cooperation with the World Bank, on the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank Gro…
QSE Index Rises 0.64% at Start of Trading
Doha: The general index of Qatar Stock Exchange (QSE) rose 61.44 points, or 0.64%, at the beginning of trading on Wednesday, reaching 9,707 points, compared to yesterday’s closing.
The general index was supported by a rise in Transportation by 1.57%…
Saudi Stock Market Index Closes Lower
The main Saudi stock market index closed Wednesday down by 209.47 points, closing at 12044.07 points, with trades worth SR 8.1 billion .
The volume of traded shares reached one billion shares, with the shares of 10 companies recording an increase in …