Oil Prices Settle Nearly 3 Percent Lower

New York, June 10 (QNA) - Oil prices fell nearly 3 percent at settlement on Tuesday as concerns over supply disruptions eased after Iran and Israel announced a halt to their exchange of attacks in response to an appeal by US President Donald Trump.

US Oil Inventories Heading Toward Lowest Levels Since 2003

Washington, June 10 (QNA) - US crude oil inventories are on track to fall to their lowest levels since at least 2003, according to the US Energy Information Administration, as the world's largest economies draw down stockpiles at a record pace to offset the loss of more than 11 million barrels a day of Middle Eastern supply caused by the war.

Minister of Commerce Inaugurates "Project Qatar 2026" Exhibition

Doha, June 09 (QNA) - HE Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al-Thani inaugurated Tuesday the 22nd edition of Project Qatar 2026, held at the Doha Exhibition and Convention Center.

European Stocks Finish Mixed

Brussels, June 09 (QNA) - European stock markets closed mixed on Tuesday.

Gold Prices Slip as Investors Await US Inflation Data

London, June 09 (QNA) - Gold prices fell on Tuesday, weighed down by a broad sell-off and growing expectations of US interest rate hikes later this year, while investor focus shifted to key inflation data due later this week.

Machinery and Equipment Price Index Rises in Q1 2026 by 0.19 Percent Year-on-Year

Doha, June 09 (QNA) - The Machinery and Equipment Price Index (MEPI) in Qatar reached 99.99 points in Q1 2026, up by 0.82 percent compared with Q4 2025 and 0.19 percent on an annual basis.

QatarEnergy Announces New Oil Discovery Offshore Namibia

Doha, June 09 (QNA) - QatarEnergy announced an oil discovery with encouraging results from the Merlin-1X exploration well in the Petroleum Exploration License 39 (PEL 0039), offshore Namibia.

QBA Explores Health-Tech Investment Opportunities with Canada

Doha, June 09 (QNA) - Qatari Businessmen Association (QBA) discussed investment opportunities in health tech with a delegation from the Canadian-Qatari Business Forum (CQBF).

QICDRC Seminar Examines Contractual Risk and Business Continuity During Times of Crisis

Doha, June 09 (QNA) - The Qatar International Court and Dispute Resolution Centre (QICDRC) recently hosted a seminar titled "Contractual Terms in Times of Crisis: Force Majeure and Other Disruptive Circumstances," bringing together legal and industry experts to discuss the impact of unforeseen events on contractual obligations and business operations.

Kuwaiti Oil Price Rises

Kuwait, June 09 (QNA) - The price of Kuwaiti oil rose by USD 2.42 to USD 106.24 per barrel in Tuesday's trading, compared to USD 103.82 pb in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).

Muscat Stock Exchange Closes Higher

Muscat, June 09 (QNA) - Muscat Stock Exchange (MSX) "30" index closed on Tuesday at 7,624.90 points, marking an increase of 34.3 points, or 0.452 percent, compared to the last trading session, which closed at 7,590.62 points.

QICCA Participates in London International Disputes Week

London, June 09 (QNA) - The Qatar International Centre for Conciliation and Arbitration (QICCA) participated in London International Disputes Week (LIDW) 2026, recently held in London, United Kingdom, reaffirming its commitment to strengthening its international presence and advancing alternative dispute resolution practices.