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China’s Non-manufacturing PMI Falls in July 2024

China’s purchasing managers’ index (PMI) for the non-manufacturing sector came in at 50.2 this July, reflecting a contradiction from 50.5 in June, data from the National Bureau of Statistics showed on Monday.

Chinese news agency (Xinhua) quoting the …

US Federal Reserve Keeps Interest Rates Unchanged

The US Federal Reserve (the central bank) on Wednsday kept interest rates unchanged, at a range of 5.25% to 5.50%, for the fifth time this year and the eighth in a row, at a time when it seeks to reduce the inflation rate to around two percent.

The F…

QatarEnergy Announces Fuel Prices for August

Doha, July 31 (QNA) – QatarEnergy announced Wednesday the fuel prices for August 2024, keeping the prices of diesel, Gasoline 95 and Gasoline 91 unchanged.

QatarEnergy has set the price of a liter of diesel at QR 2.05, the price for Super Gasoline 95…

Oil Prices Fell by More Than 1 Percent at Tuesday’s Trading

Oil prices fell by more than 1 percent at the close of todays trading, ending at the lowest level in seven weeks.

Futures contracts for Brent crude for October delivery decreased by $1.15, or 1.4 percent, settling at $78.63 per barrel.

Futures contr…