Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist. Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Intermediate crude futures fell 13 cents, or 0.2 percent, to USD73.39 a barrel. On Friday, Brent and West Texas Intermediate crude futures fell more than 3 percent to close at their lowest levels since January. Source: Qatar News Agency
OECD Unemployment Rate Hits Lowest Level in a Year at 4.9% in July 2026
Abu dhabi: The OECD unemployment rate reached 4.9% in July 2026, down from 5.0% in June and close to its