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.
Earnings per share for review period stood at QR4.15 compared to QR2.66 in the corresponding period of 2017.
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.
In some countries, including India, New Zealand, Norway, Germany and Chile, airfares are expected to rise by more than 7%.
Qatar’s inflation will average 2.6% this year, significantly above a consensus of just 1.5%, BMI Research has said in a report.
The current jet fuel price is nearly 55% higher than it was a year ago, IATA said on Thursday.
Qatar’s economy this year should be supported by higher oil prices, economic reforms and the government’s infrastructure investment push in preparation for the 2022 World Cup, FocusEconomics has said in a report.
Opec's leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand.