The U.S. Energy Information Administration (EIA) announced, on Wednesday, that the U.S. crude oil inventories fell for a fourth consecutive week, and gasoline and distillate stocks declined amid a pickup in demand.
In a statement, EIA clarified that …
Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.
The QSE general index was supported by a rise in four sectors:…
ABU DHABI: The Ministry of Finance (MoF) has released its 2023 yearbook, titled “Leadership in Development and Global Partnerships for Sustainable Finance”, highlighting its key achievements, financial statements, national initiatives, and projects ac…
NEW DELHI: India has cut taxes on foreign companies to attract more investments from abroad.
‘The rules and regulations for both Foreign Direct Investment (FDI) in India and overseas investment by Indians will be simplified to facilitate foreign inve…
Oil prices rose on Wednesday after several days of decline, affected by falling US crude inventories.
Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or …
ABU DHABI: Emirates Water and Electricity Company (EWEC) today issued a Request for Proposals (RFP) for the development of the Taweelah C Independent Power Producer (IPP) project, a new carbon-capture-ready Combined Cycle Gas Turbine (CCGT) plant loca…
Oil prices rose at the settlement at the end of Wednesday’s trading, in light of the decline in inventories of crude oil, gasoline, and distillates in the United States of America.
Brent crude futures rose by 70 cents, or 0.86 percent, to reach $81.7…
Muscat Stock Exchange (MSX) general index (30) closed Wednesday at 4,719.74 points, up by 6.3 points, or 0.13 percent, compared to the last trading session, which closed at 4,713.40 points.
The trading value reached OMR 2.839 million, an increase of …
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