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Fuel Price Surge in Lebanon Multiplies Household Burdens Brent Crude Surges Toward $103 Oil Prices Drop 1% as G7 Releases Reserves Middle East Data Centers Drive Battery Storage Surge Amid AI Expansion Production Quotas and Market Stability Iraq, Turkey Discuss Boosting Oil Exports via Ceyhan Port ACWA Power closes Rabigh 2 expansion financing at $2.58 billion
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Fuel Price Surge in Lebanon Multiplies Household Burdens

Lebanese families face soaring living costs as fuel price hikes drive up private generator subscriptions, transport fares, and heating expenses amid state electricity shortages.

Brent Crude Surges Toward $103

Oil Prices Drop 1% as G7 Releases Reserves

Middle East Data Centers Drive Battery Storage Surge Amid AI Expansion

Production Quotas and Market Stability
Gold4,152▲ 0.26%
Silver61.28▲ 0.14%
Platinum1,727▲ 0.29%
Copper6.58▲ 0.29%
EUR/USD1.1209▼ 0.36%
GBP/USD1.3219▼ 0.10%
Brent fund61.45▼ 2.61%
Saudi fund36.52▲ 0.83%
UAE fund19.75▲ 1.02%
S&P 500 fund774.83▲ 0.67%

FinanceLatest stories

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China’s Financial Industry Crackdown Continues: Wang Bin Jailed

Finance

HSBC to Halt Commercial Payments Involving Russia and Ally Belarus

Finance

UBS Outlines Plan to Cut 3,000 Jobs in Switzerland

Finance

Bank of Ireland Technical Glitches Spur Warnings and Queues

Finance

NYC Court Restricts British Billionaire Amid Fraud Charges

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BusinessLatest stories

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Business

Iraq, Turkey Discuss Boosting Oil Exports via Ceyhan Port

Iraq and Turkey are negotiating a new agreement to double oil export capacity through the Ceyhan pipeline, aiming for 1.5 million barrels daily as…

ACWA Power closes Rabigh 2 expansion financing at $2.58 billion

Business

G7 Agrees to Release 100 Million Barrels of Diesel and Crude Oil

Business

Egypt Garment Exports to Hit $4.25B, 90% Local Share

Business

Scatec, EDF Start 900 MW Shadwan Wind Farm in Egypt

Business

WorldLatest stories

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Germany’s Economic Outlook Darkens Amidst Sluggish Recovery

World

Russia Battles with Inflation and Rouble Impact Economy

World

TikTok Fined $368mln for Child Privacy Violation

World

Canada’s Housing Minister Explores Measures to Alleviate Housing Crisis

World

Metals & commoditiesGold, silver and copper

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GoldPrice per gram in USD
24K133.36+0.26%
22K122.37+0.26%
21K116.81+0.26%
18K100.12+0.26%

Last updated

Goldounce
4,152.20
+0.26%
Silverounce
61.283
+0.14%
Platinumounce
1,727.00
+0.29%
Copperpound
6.580
+0.29%

Exchange ratesGulf currencies, dollar and sterling

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Unit value in US dollars
SARSaudi riyal
0.2667
Pegged
AEDUAE dirham
0.2723
Pegged
QARQatari riyal
0.2747
Pegged
KWDKuwaiti dinar
3.2341
−0.01%
BHDBahraini dinar
2.6596
Pegged
OMROmani rial
2.6008
Pegged
GBPPound sterling
1.3219
−0.10%
EUREuro
1.1209
−0.36%

Last updated

Traded fundsTracking oil and Gulf markets

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Traded funds Tracking oil and Gulf markets
BNOBrent fund
61.45
−2.61%
KSASaudi fund
36.52
+0.83%
UAEUAE fund
19.75
+1.02%
SPYS&P 500 fund
774.83
+0.67%

NYSE-listed funds that track these markets — the prices are the funds’, not the indices’.

Last updated

TechLatest stories

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Meta Initiates Workforce Changes in Reality Labs Division

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Tokyo Start-Up Unveils Futuristic Robot ARCHAX

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EU Imposes €376mln Fine on Intel for Antitrust Violations

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