Washington:The US Energy Information Administration (EIA) reported a decline in oil and distillate inventories in the United States, while gasoline stocks saw an increase over the past week.

According to Qatar News Agency, the EIA stated that crude …

Hanoi:The official price of Oman crude oil for December delivery reached USD 111 per barrel on Thursday.

According to Qatar News Agency, this marks an increase of USD 5.02 compared to Wednesday’s price, which was USD 105.98 per barrel.

The monthly…

Hanoi:Middle East Oil prices experienced an increase as ongoing concerns regarding supplies from the critical Middle East region continued, with recent attacks on shipping in the Gulf and the Strait of Hormuz adding to the tension.

According to Qata…

Paris:European stock indices opened lower on Thursday, influenced by a rise in oil prices. This development has reignited concerns over the sovereign debt markets of European nations, following a rebound during Wednesday’s trading.

According to Qata…