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IEA Lowers Oil Demand Growth Forecasts for 2025, 2026

Paris: The International Energy Agency (IEA) reduced its global oil demand growth forecast for this year to 720,000 barrels per day, down from the previous estimate of 740,000 barrels per day.

According to Qatar News Agency, in its monthly report is…

Kuwait Bourse Closes Higher with Significant Gains

Kuwait City: Kuwait Bourse closed trading on Tuesday as the All Share Index gained 52.11 points to reach 8,010.13 points, an increase of 0.65 percent. As many as 537.2 million shares valued at KWD 107.7 million (roughly USD 329.5 million) were traded …

Dollar Steadies, Yen Rises After Bank of Japan Decision

Tokyo: The dollar steadied on Tuesday while the yen rose following the Bank of Japan’s (BOJ) rate decision. Against a basket of currencies, the dollar was little changed at 98.13. The yen swung between losses and gains shortly after the decision befor…