Business

Iraq: 52 Oil Wells Drilled, Reclaimed in Q1 2024

Baghdad, The Iraqi Ministry of Oil announced that it has succeeded in drilling and reclaiming 52 oil wells during the first quarter of 2024.

Director General of the Iraqi Drilling Company of the Ministry of Oil, Khalid Hamza Abbas stated that

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Oil Rises as Investors Bet on Tighter Supply

Singapore, Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts and as upbeat Chinese manufacturing data supported outlooks for improving demand.

Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel….

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Deposit Rates in Qatar

Doha: Deposit rates at opening as issued on Monday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP 1M 5.43021 0.01000 1.47000 5.17000 2Ms 5.51066 -0.24000 1.31000 5.16000 3Ms 5.59111 -0.23000 1.05000 5.15000 6Ms 5.74210 0.05000 1.26000 …

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Qatar’s PPI Surges %1.03 in February

Doha: The Producer Price Index (PPI) of the Industrial sector recorded 114.39 points for February, an increase of 1.03 percent compared to the previous month and a decrease of 8.6 percent compared to February 2023.

Planning and Statistics Authority (…

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