Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.

Brent crude

Doha: The Gulf Organisation for Research and Development (GORD) announced its partnership with the United Nations Office for South-South Cooperation (UNOSSC) to launch the global South-South and Triangular Cooperation Solutions

Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.

The Algerian energy group Sonatrach said that the MoU was signed

Oman oil price (October delivery 2024) reached 80.61 US Dollars, comprising a rise by 1.91 US Dollars.

The average price of Oman oil (July delivery 2024) has stabilized at 83.89

Kuwait Bourse closed Thursday trading as the All Share Index lost 25.28 points to reach 7,214.13 points, a decrease of 0.35 percent.

As many as 207.7 million shares valued at

Prime Minister Mohammed Shiaa al-Sudani sponsored the signing ceremony of a comprehensive petroleum memorandum of understanding between the Ministry of Oil and the British Petroleum Company (BP) to develop Kirkuk

Oman oil price (October delivery 2024) reached 80.61 US Dollars, comprising a rise by 1.91 US Dollars.

The average price of Oman oil (July delivery 2024) has stabilized at 83.89

Secretary-General of the Gulf Cooperation Council (GCC) Jassim Mohammad Al Budaiwi and Indonesia’s Minister of Trade Dr. Zulkifli Hasan signed the joint statement to launch negotiations on the Indonesia-GCC Free