Oil prices rose 3 percent amid investor fears of a widening conflict in the Middle East and after a sharp drop in US crude inventories.

Brent crude futures climbed $2.09 a barrel, or 2.66%, to $80.72, for delivery in September. The more active Octobe…

Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.

The Algerian energy group Sonatrach said that the MoU was signed in partnership between Sonatrach, the Algerian electricity and g…

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…

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…