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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…

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…