Oil rises on falling US stockpiles but Iran talks weigh LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous... Published 10 Feb, 2022 07:08pm
Markets Oil edges up towards $75, Omicron concerns dominate LONDON: Oil prices edged higher towards $75 a barrel on Tuesday after the International Energy Agency (IEA) said ... Published 14 Dec, 2021 06:58pm
Markets Most Gulf bourses rise ahead of cenbank meetings Most stock markets in the Gulf reversed early losses to close higher on Tuesday despite Omicron coronovirus variant... Updated 14 Dec, 2021 06:51pm
Markets Oil prices climb as COVID recovery, power generators stoke demand LONDON: Oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices... Updated 18 Oct, 2021 06:41pm
Markets Oil hits three-year high after OPEC+ sticks to output plan OPEC+ to increase output by 400,000 bpd in Nov WTI hit 2014 highs on Monday Published 05 Oct, 2021 07:01pm
Markets Saudi index leads mixed markets with 14-year high Saudi Arabia's benchmark index finished 0.8% higher, with Al Rajhi Bank rising 2.2%, while oil giant Saudi Aramco gained 1.8%, reaching its highest since Dec. 17, 2019 Published 05 Oct, 2021 06:52pm
Markets Saudi index leads Gulf markets higher on rising oil DUBAI: Major stock markets in the Gulf ended higher on Tuesday, helped by rising oil prices on brighter demand... Published 25 Aug, 2021 04:43am
Markets Dubai gains as UAE eases travel curbs; other markets mixed Brent crude oil futures, however, were down 1.8%, or $1.30, to $71.11 a barrel Saudi Arabia's benchmark index dropped 0.4%, with Al Rajhi Bank losing 0.5%, while Savola Group declined 4.5%. Published 04 Aug, 2021 07:00pm
Markets Abu Dhabi hits record high, major Gulf bourses gain DUBAI: Major stock markets in the Gulf ended higher on Thursday, amid rising oil prices, with the Abu Dhabi index... Published 30 Jul, 2021 05:10am
Markets Oil prices boosted by rising US inflation US crude stocks down, fuel inventories rise – EIA. Libya to ramp up output after fixing pipeline leak – source. India's May fuel demand hits 9-month low. Published 10 Jun, 2021 08:31pm
Markets TSX futures point to flat open Brent crude oil futures rose 1.11% to $69.3 a barrel, while West Texas Intermediate (WTI) US crude futures gained 1.16% to $66.1 a barrel. Gold prices edged lower, dragged down by higher US Treasury yields ahead of inflation data. Published 12 May, 2021 04:57pm