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February 6, 2026

Oil Prices Fall Nearly 3% at Settlement

London: Oil prices fell by around 3% at settlement on Thursday. Brent crude futures dropped $1.91, or 2.75%, to $67.55 a barrel, while US West Texas Intermediate fell $1.85, or 2.84%, to $63.29 a barrel.

According to Qatar News Agency, the declines e…

S. Korea Logs Largest Annual Current Account Surplus in 2025

South korea: South Korea posted its largest-ever annual current account surplus last year, supported by robust exports amid strong semiconductor demand, central bank data showed Friday. The country’s current account surplus totaled $123.05 billion in …

Oil Prices Extend Losses as Supply Concerns Ease

Muscat: Oil prices extended their decline on Friday as concerns over global supply eased following the announcement that the United States and Iran will hold nuclear talks later today in Muscat, Oman.

According to Qatar News Agency, Brent crude futu…

Gold and Silver Set for Second Weekly Loss on Strong Dollar

Muscat: Gold and silver prices recovered part of their early losses on Friday but remained on track for a second consecutive weekly decline, as a global sell-off in technology stocks and a stronger US dollar erased much of the gains recorded earlier i…