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

Business / World Business

Oil prices rise $2 a barrel

Published: 08 May 2025 - 10:56 pm | Last Updated: 08 May 2025 - 10:58 pm
File photo

File photo

QNA

New York: Oil prices rose $2 at settlement on Thursday.

Brent futures were up $1.72, or 2.81 percent, to close at $62.84 a barrel. West Texas crude meanwhile rose $1.84, or 3.17 percent, to close at $59.91 a barrel

Read Also

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

Peninsula
Peninsula

Videos
Peninsula

From diplomacy to green growth: Qatar and Sweden embark on a ‘perfect fit’ partnership
Peninsula

Germany admires Qatar’s mediation efforts in regional, international conflicts: Ambassador
Peninsula

UK Ambassador reflects on his first year of tenure in Qatar

Trending News

  1. Russia's goalkeeper #39 Matvey Safonov secures the ball during the international friendly football match between Qatar and Russia at Jassim Bin Hamad Stadium in Doha on September 7, 2025 (Photo by Karim Jaafar / AFP)

    Qatar fall to Russia in final test ahead of crucial World Cup 2026 qualifiers

  2. Worshippers performed the Eclipse Prayer (Salat al-Khusuf) following Isha prayer this evening, September 7, 2025. Photo by Oussama Zerrougui / The Peninsula

    Eclipse Prayer performed in mosques across Qatar: Ministry of Endowments

  3. Peninsula

    Qatar based firms named among best workplaces in Asia

  4. Brazilian activist Thiago Avila speaks to the crowd of pro-Palestinian activists that arrived to greet the Global Sumud Flottila at the port of the village of Sidi Bou Said on September 7, 2025. (Photo by Yassine Mahjoub / AFP)

    More than 1,000 welcome Gaza-bound aid boats in Tunisia

  5. This handout photograph taken and released by Ukrainian State Emergency Service on September 7, 2025, shows a fire at the Ukrainian government building in Kyiv, following an overnight Russian attack. (Photo by Handout / Ukrainian State Emergency Service / AFP)

    Russia unleashes biggest air barrage on Ukraine, hits government complex

Today’s Newspaper

Check all issues & supplements

Latest Updates

Doha Today

Peninsula

Islamic Cultural Center holds week of educational activities for Filipino Muslim community