Oil prices rose more than 1 percent Friday, as the US dollar fell. Brent crude futures rose 95 cents, or 1.23 percent, to USD 78.17 a barrel, while US West Texas Intermediate (WTI) crude futures rose USD 1.06, or 1.45 percent, to USD 74.07 a barrel. Brent crude futures have fallen about 2 percent since the beginning of the week, while WTI has lost more than 3 percent. Source: Qatar News Agency
Related Articles
Ooredoo Group Pioneers AI Revolution in MENA Region with NVIDIA Collaboration
Doha: Ooredoo Group today announced it is becoming an NVIDIA Cloud Partner (NCP), aligned with its strategy of becoming the leading digital infrastructure provider in the MENA (Middle East and North Africa) region.
Through this collaboration, Ooredoo…
QatarEnergy Introduces Enhanced In-Country Value Program
Doha: QatarEnergy has announced the launch of ‘Tawteen’ initiative’s enhanced In-Country Value (ICV) program, a move that will further align it with the objectives of the State of Qatar to enhance the sustainable development of the local economy.
The…
Kuwait Announces Discovery of Substantial Quantities of Oil, Gas
Kuwait Petroleum Corporation (KPC) said on Sunday it had discovered massive quantities of light crude oil and associated gas in the Al Nokhatha field east of the Kuwaiti island of Failaka.
In a statement, KPC reported that the initial estimates of hy…