decline

Oil slipped on Friday, posting a weekly loss of nearly 5 percent, on the prospect of weaker global growth, higher interest rates, and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that…
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Saudi Arabia’s Advanced Petrochemical Co. saw its profit decline by 4 percent during the first quarter of 2022 as propane and outsourced propylene prices rose. The Jubail-based company’s profit dropped to SR164 million ($43 million)…
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Crude oil prices closed on Friday, rising for the first time in four sessions, but recorded losses for the second week in a row, after the United States and its allies announced a massive release of oil from emergency reserves. New York -…
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Muslims in Italy celebrate Ramadan this year in an atmosphere in which they breathe a sigh of relief after easing the strict precautionary restrictions imposed by the outbreak of the Covid-19 virus in the past two years, so prayers have…
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Iraqi officials warned Tuesday of a drastic drop in the flow of water in a river from Iran due to low rainfall and dam-building in the neighboring Islamic republic. The Sirwan river begins in Iran, flowing to Darbandikhan Dam in…
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Bitcoin, the leading cryptocurrency in trading internationally, traded lower on Thursday, falling by 0.63 percent to $45,101.05. Ether, the second most traded cryptocurrency, traded at $3,029.83, down by 1.16 percent, according to data…
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