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Day: August 1, 2024

Iraq, BP ink oil, gas fields MoU in Kirkuk governorate

Iraq’s Ministry of Oil signed a comprehensive Memorandum of Expertise with British Petroleum (BP) to develop oil and gas fields in Kirkuk Governorate, north of the country.

The presidential media office on Thursday mentioned that Prime Minister Moham…

Yen Rises, Dollar Falls as Federal Reserve Signals Rate Cut

The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…

QSE Index Drops 19.32 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 19.32 points, or 0.19 percent, at the beginning of trading on Thursday, reaching 10,134 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sec…

Oil Prices Jump nearly Three Percent as US Inventory Falls

Oil prices rose 3 percent amid investor fears of a widening conflict in the Middle East and after a sharp drop in US crude inventories.

Brent crude futures climbed $2.09 a barrel, or 2.66%, to $80.72, for delivery in September. The more active Octobe…