Gulf Times - Oil-prices
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.

Jet fuel prices rise above $90, highest since Nov 2014

Jet fuel prices rise above $90, highest since Nov 2014

The current jet fuel price is nearly 55% higher than it was a year ago, IATA said on Thursday.

Higher oil prices, reforms, infrastructure push seen driving Qatar economy this year

Higher oil prices, reforms, infrastructure push seen driving Qatar economy this year

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 strives for new deal as Iran still wary of output hike

Opec strives for new deal as Iran still wary of output hike

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.