Doha: Gold prices declined on Friday and were headed for weekly loss amid a slight uptick in dollar, while investors awaited key US inflation data. Spot gold was down 0.4% at $3,303.51 an ounce. Bullion is down 1.6% so far this week. US gold futures f…
Muscat: The official price of Omani crude oil for delivery in July was set at $62.68 today. This marks a decrease of $1.31 compared to the previous day’s price of $63.99.
According to Qatar News Agency, the monthly average price of Omani crude oil f…
Tianjin: The value of China’s core artificial intelligence (AI) industry reached nearly 600 billion yuan (about $83.45 billion) by April 2025, the National Development and Reform Commission (NDRC) announced.
According to Qatar News Agency, these det…
Kuwait City: The price of Kuwaiti crude oil increased by $0.92 to reach $65.01 per barrel in Thursday trading, compared to $64.09 per barrel the previous day. This marks a notable change in the pricing of crude oil originating from Kuwait.
According…
Ankara: The Turkish economy grew by 2 percent year-on-year in the first quarter of 2025, according to a recent report by the Turkish Statistical Institute.
According to Qatar News Agency, the report, which covers the gross domestic product (GDP) for…
Doha: The US Energy Information Administration (EIA): The US Energy Information Administration (EIA) announced Friday that US crude oil production hit a record high month-on-month in March, reaching 13.488 million barrels per day (bpd), while demand f…