Amman: The Jordanian Ministry of Energy and Mineral Resources signed a strategic agreement today to establish the National Advanced Natural Gas Company (Watani), a joint venture between the Jordan Petroleum Products Marketing Company (JoPetrol) and th…
Seoul: The South Korean economy posted negative growth from three months earlier in the first quarter, marking the first on-quarter contraction in nine months, central bank data showed Thursday, amid a domestic political crisis and uncertainties stemm…
Berlin: Renewable energy output in Germany fell in the first quarter of 2025, as windless months and low rainfall dragged down production from wind and hydropower plants, according to preliminary industry figures.
According to Qatar News Agency, bet…
Doha: Oil prices edged higher early Thursday, recovering slightly after a nearly 2% drop in the previous session, as investors weighed the possibility of an OPEC+ production hike against mixed signals on tariffs from the White House. Brent crude futur…
New York: Oil prices slipped 2 percent on Wednesday. Brent crude futures settled down US$1.32, or 1.96 percent, at US$66.12 a barrel, while US West Texas Intermediate crude ended US$1.40, or 2.2 percent, lower at US$62.27.
According to Qatar News A…
Houston: US crude oil stockpiles rose unexpectedly last week as imports jumped, while both gasoline and distillate inventories fell more than expected, the Energy Information Administration (EIA) said. Crude inventories increased by 244,000 barrels to…