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Gulf Today Report Oil prices steadied on Wednesday as support following disruptions in the US south offsetting expectations that OPEC+ producers may reduce their output curbs after April. US...
Gulf Today Report Oil prices jumped on Tuesday due to weather affecting wells and refineries in Texas, the world’s biggest oil producer. Concerns of supply in the world’s biggest...
Gulf Today Report Oil prices edged higher on Monday, their highest in 13 months due to tension in the Middle East hope for US stimulus and eased lockdown supporting...
Enoc Group has announced the opening of a service station on Sheikh Zayed Road en route to Abu Dhabi. Conveniently located near interchange 11 for motorists travelling from Dubai towards...
Gulf Today Report Oil prices fell on Friday, following OPEC cut of demand forecast and reports from International Energy Agency on market being over-supplied. Brent crude was down 47...
The stockpiles of oil products at the Port of Fujairah outside of the Strait of Hormuz in the Arabian Gulf dropped to a two-month low, with some traders forced...
Gulf Today Report Oil prices inched lower on Thursday giving up some of the recent strong gains on profit-taking and speculation that the market's strength could tempt producers like...
Gulf Today Report Oil prices inch up, highest in 13 months on Tuesday due to a reduction in supply by major producers and hope for improvement in oil demand....
World shares set another record high on Monday and oil surpassed $60 a barrel for the first time in a year, on hopes that a $1.9 trillion COVID-19 aid...
Gulf Today Report Brent oil rose on Monday above $60 a barrel, boosting investors hope for an increase in demand. The commodity rose by 1.26 per cent to $60.19...