Oil steady amid diverging factors affecting global markets
The Peninsula
Singapore: Oil prices steadied in Asian trade on Thursday as forecasts of weak demand and a higher than expected rise in US gasoline and distillate in...
Singapore: Oil prices steadied in Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise in US gasoline and distillate inventories stemmed gains from an additional round of EU sanctions threatening Russian oil flows.
Brent crude futures were up 5 cents at $73.47 a barrel.
US West Texas Intermediate crude futures rose 11 cents to $70.18.
Both benchmarks rose over $1 each on Wednesday.
OPEC cut its demand growth forecasts for 2025 for the fifth straight month on Wednesday and by the largest amount yet.
Doha, Qatar: The Amir HH Sheikh Tamim bin Hamad Al Thani issued Law No. 20 of 2024, approving the state s general budget for the fiscal year 2025. Th...
Doha, Qatar: The Amir HH Sheikh Tamim bin Hamad Al Thani issued Law No. 20 of 2024, approving the state s general budget for the fiscal year 2025. Th...
Geneva: The World Health Organization voiced concern Thursday at recent attacks that took placein Sudan s war ravaged Darfur region, which it said had...
Doha: The Ministry of Interior (MoI) listed rules regulating decorations used for vehicles during the Qatar National Day celebrations between December...
Singapore: Oil prices steadied in Asian trade on Thursday as forecasts of weak demand and a higher than expected rise in US gasoline and distillate in...
Doha: The 10th Edition of the Premier Cricket League (PCL) Inter Hotel Championship is back, promising exhilarating cricket action and camaraderie amo...
Doha, Qatar: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani met with Minister of Energy of the...
Doha: Dubawi Spectre s impressive victory in the Brooq Cup was the highlight of the day when the Al Rayyan Racecourse came to life with thrilling raci...
Doha: Mexico s Pachuca triumphed 3 0 over Brazil s Botafogo, delivering a brilliant second half performance to clinch the prestigious Derby of the Ame...
Doha, Qatar: As part of the historic visit by Amir H H Sheikh Tamim bin Hamad Al Thani to the United Kingdom, University of Doha for Science and Techn...
Doha: The Global Carbon Council (GCC) has signed two significant agreements aimed at transforming the carbon market by providing enhanced liquidity an...