Business

Oil Prices Tick Up as Crude, Gasoline Inventories Ease

Qatar NewswireComments Off on Oil Prices Tick Up as Crude, Gasoline Inventories Ease

Oil prices edged higher on Thursday as crude stocks fell after US refineries ramped up processing and as gasoline inventories eased, signalling stronger demand.

Brent futures rose 35 cents, or 0.4% to $85.43 a barrel. US West Texas Intermediate (WTI) crude rose 36 cents, or 0.5%, to $82.47 a barrel.

US crude inventories fell by 3.4 million barrels to 445.1 million barrels in the week ended July 5. Gasoline stocks fell by 2 million barrels to 229.7 million barrels, much bigger than the 600,000-barrel draw analysts expected.

Source: Qatar News Agency

Qatar Newswire

Related Articles
Business

Gold prices rise after the Iranian attack

Qatar Newswire

Bethlehem – Ma’an – Gold prices rose in trading today, Monday, and approached a record level after the Iranian attack on Israel, which led to an increase in demand for safe havens.

By 09:20 Moscow time, gold futures rose 0.3% to $2,374.5 per ounce, w…
Business

QSE Index Drops 1.14 Points at Start of Trading

Qatar Newswire

The general index of Qatar Stock Exchange (QSE) slightly dropped 1.14 points, or 0.01 percent, at the beginning of trading on Tuesday, reaching 10,155 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in Banks a…
Business

National Planning Council Tracks Important Statistical Changes in Country during June 2024

Qatar Newswire

The National Planning Council has released the 126th issue of (Qatar; Monthly Statistics) bulletin; a series of statistical newsletters released on a monthly basis. In this issue, they highlighted the most important statistical changes that occurred i…