Oct. 4 (Bloomberg) -- Industries Qatar QSC, the Middle East’s second-biggest petrochemicals company, dropped to the lowest intraday level in almost three weeks as oil declined for a third day.
The shares lost 1.9 percent to 119 riyals, the lowest since Sept. 14, at 12:17 p.m. in Doha. Saudi Basic Industries Corp., the world’s largest petrochemicals maker, decreased for a fifth day in Saudi Arabia, falling 1.1 percent to 88.25 riyals.
Crude for November delivery declined as much as 2.2 percent to $75.92 a barrel on the New York Mercantile Exchange.
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