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QSE Index Opens Lower as Transportation Sector Leads Decline

Doha: The Qatar Stock Exchange (QSE) general index experienced a decrease of 15.67 points, or 0.14%, reaching 11,206 points at the commencement of trading on Tuesday, compared to the previous session’s close.

According to Qatar News Agency, the decl…

Oil Prices Rise Amid Expectations of US Inventories Decline

Doha: Oil prices steadied in early trading on Wednesday after falling for three consecutive sessions as a US trade deal with Japan signaled progress on tariffs and a poll showed US crude stockpiles fell last week, indicating stronger demand. Brent cru…

Saudi Stock Exchange Index Closes Up 140.73 Points

Riyadh: The Saudi Stock Exchange’s main index made a significant upward movement on Wednesday, gaining 140.73 points to close at 10,983.93 points. The trading activities on the exchange were robust, with the total value of trades reaching SR 5.3 billi…

China Brings Major Oilfield in Bohai Sea into Production

Doha: China National Offshore Oil Corporation (CNOOC) announced Tuesday that a newly developed oilfield in the Bohai Sea has started production. The Kenli 10-2 oilfield, situated in the southern waters of the Bohai Sea, is noted as the largest litholo…