Doha: European stock indices closed mixed at the end of trading today. The pan-European STOXX 600 index fell 0.05 percent to 550.53 points, its lowest level in a week.
According to Qatar News Agency, the oil and gas index led losses on the STOXX 600…
Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after the Organization of the Petroleum Exporting Countries (OPEC) on Monday cut its forecast for demand growth in 2024 due to softer…
Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key US inflation data that could provide further insight into the Federal Reserve’s next policy decision.
Spot gold fell…
The International Energy Agency (IEA), headquartered in Paris, maintained on Tuesday that its forecast for oil demand growth this year at 970,000 barrels per day. However, it revised its forecast for 2025, from 980,000 barrels to 950,000 barrels a day…
The official price of Oman oil Tuesday, for delivery in October, reached $80.03, up by $1.31, compared to yesterday’s price (Monday) of $78.72.
The monthly average price of Omani crude oil for delivery in August reached $82.50 per barrel, down by $1….
Gold prices rose more than 1 percent at the close Monday, recording their highest level since August 2, supported by rising demand, while investors await US inflation data this week.
The price of gold in spot transactions increased 1.5 percent to $2,…