Oil Prices Fall 3% On Stronger Dollar
Oil Prices Fall
Washington - QNA
Oil prices slid more than three per cent as the dollar jumped after the US Federal Reserve's decision to hike US interest rates and after a jump in crude inventories at the biggest US storage centre renewed concerns about a glut.
The dollar rose, making oil more expensive for countries using other currencies.
Brent crude futures settled at $US53.90 per barrel, down $US1.82, or 3.27 per cent after falling as low as $53.80.
US crude ended the session down $US1.94, or 3.66 per cent at $US51.04 per barrel after hitting a low of $US50.92.
- Tuesday ,31 October GMT 18:57 2017 Oil prices stable as OPEC-led supply cuts tighten mkt, but some caution remains
- Wednesday ,18 October GMT 15:36 2017 US shale oil industry to see wave of investment, Total chief says
GMT 21:50 2017 Friday ,03 November
Oil near 2-year highGMT 18:57 2017 Tuesday ,31 October
Oil prices stable as OPEC-led supply cuts tighten mkt, but some caution remainsGMT 21:01 2017 Wednesday ,25 October
Oil prices will stay lower for longer, banks warnGMT 22:53 2017 Monday ,23 October
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US shale oil industry to see wave of investment, Total chief says
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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