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- QIIG wins 'Takaful Insurance Company of the Year' award
- UDC wins Gold and Silver at Abu Dhabi Maritime Awards 2025
- Qatar Stock Edges higher on broad-based gains
- OPEC+ to undergo annual oil capacity audit under new plan
- NIC appoints Mohammed Al-Kharafi as Senior Executive Officer for DIFC office
- Omani-Saudi Coordination Committee in Trade, Industry and Economy meets
- Asyad unveils logistics projects to support hydrogen economy
- OQGN acquires gas pipeline in Block 61 for RO40mn
- Gold Falls 1% as Investors Book Profits, Treasury Yields Rise
- Prada Group acquires Versace in a $1.37 billion deal
11/11/2025 01:10 AST
Oil prices stabilized on Monday as investors assessed the likelihood of a near-term end to the US government shutdown, amid concerns about oversupply.
Brent crude futures rose 11 cents, or 0.17 percent, to $63.74 a barrel, while US West Texas Intermediate crude futures reached $59.88 a barrel, up 13 cents, or 0.22 percent.
Expectations point to an end to the historic US government shutdown, now in its 40th day, after the Senate moved Sunday toward a vote to reopen the federal government, sparking optimism in global markets.
QNA
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 62.51 | -0.68 | -1.08 |
| WTI | 58 | -0.78 | -1.33 |
| OPEC Basket | 64.43 | -0.22 | -0.34 |
03/12/2025
OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets output quotas that are more clos
Reuters
01/12/2025
Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are expected to keep current output levels unchanged when they meet for online meetings on Sunday, analys
Khaleej Times
24/11/2025
At the heart of the US shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to Mark Waters, who owns a store that sells tools and safety equipment to oil firm
Reuters
17/11/2025
Oil prices settled more than 2% higher on Friday as Russia's port of Novorossiisk halted oil exports following a Ukrainian drone attack that hit an oil depot in the Russian energy hub, stoking supply
Gulf Times
07/11/2025
Iraq's state-owned oil company SOMO has offered more than 6 million metric tons of high-sulphur fuel oil (HSFO) between January and June 2026 in three tenders of varying volumes, according to market
Asharq Al Awsat
Financial Information Co.
Saudi Arabia