October 8, 2026

Trading

Oil Prices Rise on US Storm

Oil prices rose on in early Asian trade on Thursday on tensions in the Middle East and on spike in fuel demand as a major storm barreled into Florida.

Brent crude futures rose 37 cents, or 0.5%, to $76.95 a barrel, while the US West Texas Intermediat…

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QSE Index Drops 0.03% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 0.03%, at the start of trading on Thursday, down to the level of 10,506 points, compared to Wednesday’s closing, with backed by four sectors.

QSE’s figures showed a positive performance in…

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Dollar Holds Near Two-Month High

The dollar index, which measures the currency against six key rivals, stuck close to an almost two-month top touched overnight, as traders further pared bets for US rate cuts this year after last week’s unexpectedly strong payrolls data.

The US dolla…

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Kuwait, Turkiye eye closer economic, investment ties

Kuwait’s Finance Minister and Minister of State for Economic Affairs and Investment Dr. Nora Al-Fassam held talks on Thursday with her visiting Turkish counterpart Mehmet Simsek, focusing on efforts to ratchet up bilateral relations.

Citing a raft of…

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Kuwait Oil Price Down USD 1.50

Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.

Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…

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