Petrol prices in Qatar will come down by Dh5 a litre next month while there will be no change in the diesel price in September, the Ministry of Energy & Industry has announced.
Brent North Sea crude on Friday rose above $51, reaching the highest level since just before Britain's vote to quit the EU that sent markets crashing.
US gasoline stocks remain stubbornly high despite record demand from motorists, a situation
US gasoline consumption was significantly lower in April than reported at the time, new data published by the Energy Information Administration show.
Qatar Petroleum (QP) announced that the specifications of the automobile gasoline sold at petrol stations across Qatar will be amended as of June 1.
The US Supreme Court on Monday rejected Exxon Mobil Corp's appeal of a $236 million judgment against the oil company in a case brought by the state of New Hampshire ...
The United Arab Emirates will raise domestic prices for gasoline and diesel in May after global oil prices increased, the ministry of energy said.
Qatar will allow its domestic gasoline and diesel prices to fluctuate in response to changes in global markets as it seeks to reduce waste of fuel and save money for the state budget.
Oil demand is expected to grow firmly in Qatar in 2016 with transportation fuels and industrial fuels playing a "significant part" in the overall oil demand growth.
