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Kuwaiti Oil Price Drops $4.87 a Barrel

Kuwait city: Kuwait oil prices dropped by $4.87 on Tuesday to $93.64 per barrel compared with $98.51 per barrel the day before, according to Kuwait Petroleum Corporation (KPC).

According to Qatar News Agency, in global markets, Brent crude futures r…

Gold Rises as US Extends Ceasefire with Iran

Doha: Gold prices firmed on Wednesday as lower oil prices, following a US extension of a ceasefire with Iran, eased fears of an inflation spike and prolonged high interest rates. Spot gold rose 0.9% to $4,755.11 per ounce, as of 0225 GMT, after fallin…

Dollar Steadies as Safe-Haven Demand Increases

Tokyo: The dollar steadied in early Asian trade on Wednesday, amid increased demand for the currency as a safe haven.

According to Qatar News Agency, the US dollar index, which measures the greenback’s strength against a basket of six currencies, wa…