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SHOWING Results
Gulf Today Report Oil prices advanced on Wednesday, uplifted by the progress made in US vaccine rollouts, although uncertainty about OPEC+ Thursday meeting curtailed gains. US West Texas Intermediate...
The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum...
Gulf Today Report Oil prices fell beyond 1% on Tuesday on concerns that OPEC might increase oil supply this week and slow demand in China. Brent crude dropped 70...
Gulf Today Report Oil prices bounced back above $1 on Monday following the passing of a huge stimulus package by the US legislators. Brent crude futures for May rose...
Gulf Today, Staff Reporter Fujairah oil products bounced back following refinery outages in Middle East pushing light distillates to an eight-month high. On Monday, the inventory amounted to 23.180...
Gulf Today Report Oil prices advanced on Thursday, supported by Fed remark that US interest rates will remain low and a drop in US output due to storm in...
Gulf Today Report Oil prices slid on Wednesday due to an unexpected build in US crude stocks last week as a deep freeze affected demand and forced refineries to...
Gulf Today Report Oil prices rose above $1 on Tuesday, supported by optimism of COVID-19 vaccine rollouts and lower output as US supplies slowly return after a deep freeze...
Gulf Today Report Oil prices dropped by 2% on Friday due to concerns about how long US refineries will take before resuming operation. US West Texas Intermediate (WTI) crude...
Gulf Today Report Oil prices rallied on Thursday due to concerns over the cold situation in Texas affecting US crude output for days or weeks. Brent crude climbed 89...
