October 20, 2025

IEA Projects Significant Global Oil Surplus by 2026

Doha: The International Energy Agency (IEA) forecast Monday a global oil market oversupply of 4 million barrels per day (bpd) in 2026, citing the recent increase in crude oil supplies from the Middle East and the Americas. It noted that

European Shares Rise As Concerns Over US Banking Sector Ease

Doha: European shares closed higher Monday, as initial concerns over the stability of the US banking sector eased. The pan-European Stoxx 600 index jumped about 1 percent. According to Qatar News Agency, the industrial sector was the biggest supporter of

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