Gulf Times - Oil-prices
Oil surges 5 pct as Opec agrees output cut

Oil surges 5 pct as Opec agrees output cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in Opec agreed to reduce output to drain global fuel inventories and support the market.

Oil slips as US sanctions on Iran begin, Tehran defiant

Oil slips as US sanctions on Iran begin, Tehran defiant

Oil prices fell on Monday as US sanctions against Iran's fuel exports were softened by waivers allowing major buyers to import Iranian crude for a while, while Tehran said it would defy Washington and continue to sell.

Qatar's upcoming budget to see surplus on higher oil prices: Al-Emadi

Qatar's upcoming budget to see surplus on higher oil prices: Al-Emadi

Qatar’s upcoming general budget is all slated to see surplus and the government will continue with capital spending, even as projects relating to 2022 are nearing completion ...

Oil prices rise as focus returns to supply concerns

Oil prices rise as focus returns to supply concerns

Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as the focus returned to supply concerns ahead of a November deadline for US sanctions on Iranian crude.

Qatar’s GDP may exceed QR773bn by 2022: report

Qatar’s GDP may exceed QR773bn by 2022: report

GDP per capita in dollar terms will be $62,493 this year and $75,032 in 2022, according to FocusEconomics.

Indian rupee plunges to new low against dollar

Indian rupee plunges to new low against dollar

The rupee has been steadily falling throughout 2018 after starting the year at 63.67.

Indian rupee hits record low of 70 to the dollar

Indian rupee hits record low of 70 to the dollar

The rupee has been on a downward spiral throughout 2018 after starting the year at 63.67.

IQ posts 56% jump in first half net profit to QR2.5bn

IQ posts 56% jump in first half net profit to QR2.5bn

Earnings per share for review period stood at QR4.15 compared to QR2.66 in the corresponding period of 2017.

Oil rises as US sanctions on Iran stoke supply worries

Oil rises as US sanctions on Iran stoke supply worries

Brent crude oil futures rose 89 cents to $74.64 per barrel by 10:18 am EDT and US West Texas Intermediate (WTI) crude futures were up 52 cents at $69.53 a barrel.

Global airfares, hotel rates expected to rise in 2019

Global airfares, hotel rates expected to rise in 2019

In some countries, including India, New Zealand, Norway, Germany and Chile, airfares are expected to rise by more than 7%.

Brent crude hits three-month low on higher supply

Brent crude hits three-month low on higher supply

Brent crude futures fell 33 cents to $71.83 a barrel, while US West Texas Intermediate (WTI) crude futures fell 45 cents to $67.63 a barrel.

Qatar’s inflation to average 2.6% this year: BMI forecast

Qatar’s inflation to average 2.6% this year: BMI forecast

Qatar’s inflation will average 2.6% this year, significantly above a consensus of just 1.5%, BMI Research has said in a report.