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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 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…

Oil Prices Fall 2% as Fears of Potential Supply Disruptions Ease

Muscat: Oil prices fell about 2% on Thursday after the US and Iran agreed to hold talks in the Omani capital, Muscat, on Friday, easing concerns that a potential military conflict between them could disrupt supply. Brent crude futures fell $1.44, or 2…

US Crude Oil, Distillate Inventories Decline

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

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