Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected. Brent crude futures gained 95 cents, or 1.3%, to settle at $73.70 per barrel Both contracts settled at their highest so far this month. US crude futures rose $1.10, or 1.6%, to $71.41. Source: Qatar News Agency
Related Posts
Bahrain All Share Index marks 1,957.49 points
Manama, Bahrain All Share Index has closed at 1,957.49 points, marking a decrease of 0.57 points below the previous closing.
This decrease was due to the drop in the material sector and the real estate sector.
Bahrain Islamic Index has closed at 80…
CRA Issues the Standard on Inbuilding Wiring
The Communications Regulatory Authority (CRA) has issued the document for the Standard on Inbuilding Wiring, in accordance with its powers stipulated in the Telecommunications Law. The aim is to urge property developers, consultants, and building owner…
Prime Minister Sends Condolences to Sudan’s Chairman of Transitional Sovereignty Council
HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani sent a cable of condolences on Tuesday to HE Chairman of the Transitional Sovereignty Council of the Republic of the Sudan Lieutenant General Abdel F…