Doha: Oil prices were little changed on Wednesday as easing concerns over oversupply capped gains, while investors awaited developments in the Russian-Ukrainian peace talks. Brent crude futures rose 11 cents, or 0.2%, to $62.05 per barrel, while US We…

Beijing: China’s annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices.

According to Qatar News Agency, data from the National Bureau of Statistics (NBS) show the consumer price index (CPI), a main gauge…

Doha: Gold prices slipped on Wednesday as the dollar firmed following stronger-than-expected US payrolls data, putting pressure on bullion ahead of the Federal Reserve meeting, where a rate cut is widely expected. Spot gold fell 0.1% to $4,207.39 per …

Washington: The US Energy Information Administration (EIA) announced a decrease in US crude oil inventories, while gasoline and distillate stocks increased last week.

According to Qatar News Agency, the EIA, the statistical arm of the US Department …