CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / World Business

Oil prices hit three-week high

Published: 14 Jul 2025 - 05:45 pm | Last Updated: 14 Jul 2025 - 05:49 pm
File photo for representation purposes only.

File photo for representation purposes only.

QNA

London: Oil prices rose today, hitting their highest level in three weeks.

Brent crude futures rose 89 cents, or 1.3 percent, to USD 71.25 a barrel.

US West Texas Intermediate (WTI) crude futures rose 93 cents, or 1.4 percent, to USD 69.38 a barrel.

Brent crude rose 3 percent last week, while WTI posted weekly gains of about 2.2 percent.

Stock Market

Representational file photo Gold prices rise 1% following US data showing decline in job openings
This file photo taken on May 27, 2022 shows staff members walking past the logo of Chinese e-commerce giant Alibaba at its headquarters in Hangzhou, in China's eastern Zhejiang province. Photo by AFP Alibaba soars but Europe, Asia stocks mixed
(Files) Market indicators are displayed on digital screen at the Euronext trading exchange building in La Defense business district, west of Paris, on April 7, 2025. (Photo by Thomas Samson / AFP) Global markets down after Trump Fed firing, tariff threats
Peninsula Dollar holds gains after hot US inflation data trims Fed cut bets

Energy

File photo / AFP Key OPEC+ members boost oil production
File photo Oil rises on supply concerns amid stalled Ukraine peace talks
File photo Oil slips as markets eye possible Russia-Ukraine talks
File photo Oil prices fall more than 1% at settlement

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