QSE settles lower on weak buy interests of domestic funds

Publication: Gulf Times (English | Newspaper) The Qatar Stock Exchange yesterday reopened after Eid holidays but settled lower mainly on substantially weakened buying interests of domestic funds. Profit booking was seen intense especially within the banking and financial services counter as the 20 -stock Qatar Index settled 0.32% or 28 points lower at 8,844.74 points, although...

Woqod opens new petrol station in Umm Slal

Publication: Qatar Tribune (English | Newspaper) AS part of WOQOD's ongoing expansion plans to serve every area in Qatar, Qatar Fuel (WOQOD) opened Umm Slal petrol station, on Al Majd Road, on Sunday, raising its network of fuel stations to 105, the company announced in a statement. WOQOD's Managing Director & CEO, Saad Rashid al Muhannadi, said, "We are pleased...

Negative US oil futures weigh on QSE; index loses another 119 points

Publication: Gulf Times (English | Newspaper) The Qatar Stock Exchange yesterday lost another 119 points, reflecting the concerns in the global energy market that saw the US oil futures in the negative. An across the board selling notably within the real estate, industrials, banking and insurance dragged the 20-stock Qatar Index 1.41% to 8,325.85 points. The...

Woqod opens Umm Al Juwashen petrol station

Publication: thepeninsulaqatar.com - English (English | Website) Qatar Fuel (WOQOD) opened Umm Al Juwashen petrol station on Al Majd Road yesterday, raising its network of petrol stations to 104.WOQOD’s Managing Director and CEO, Saad Rashid Al Muhannadi, said: “We are pleased to open a new petrol station in Umm Al Juwashen, Al Majd Road. WOQOD aspires to expand its...

US oil prices drop to 21-year low as demand dries up

The price of US oil has fallen to a level not seen since 1999, as demand dries up and storage runs out. The price of a barrel of West Texas Intermediate (WTI), the benchmark for US oil, dropped 19.3% to $14.74 a barrel on Monday. The oil market has come under intense pressure during the coronavirus...