Category: Finance

OPEC confirms oil demand growth expectations in 2024 and 2025

The Organization of the Petroleum Exporting Countries (OPEC) maintained its expectations for relatively strong growth in global oil demand in 2024 and 2025, noting that flexible economic growth and strong air travel will support the use of fuel in the…

Bahrain All Share Index marks 1,999.81 points

Manama, Bahrain All Share Index has closed at 1,999.81 points, marking a decrease of 5.36 points below the previous closing.

This decrease was due to the drop in the consumer discretionary sector, the financial sector, the materials sector and the re…

Oil prices fall at settlement to the lowest level in a week

Baghdad, Oil prices fell by about one percent at settlement at the close of trading, Monday, recording the lowest level in a week.

Brent crude futures fell 79 cents, or 0.9 %, to reach $85.75 per barrel upon settlement.

US West Texas Intermediate cr…