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Gulf Today Report Oil prices surged on Monday following data from China showcasing economic recovery, increasing energy demand outlook at the world’s largest oil importer. Brent crude futures for...
Gulf Today Report Oil prices gained above 2 per cent on Friday as dollar declines and hope for crude glut being short-lived following a decline in US fuel stocks....
Gulf Today Report Oil prices climbed on Thursday as vaccine rollouts strengthen the economic outlook and US fuel stocks decline. Brent crude oil futures for May rose 55 cents,...
Gulf Today Report Oil steadied on Wednesday due to OECD optimism for global economic recovery and OPEC+ output curbs, although rising US inventories capped it. Brent crude fell 2...
Gulf Today Report Oil prices advanced on Tuesday due to hope for recovery in the global economy following passage of US stimulus and a drawdown in crude oil inventories...
Gulf Today Report Oil prices dropped on Monday after recording more than $70 a barrel gains due to the attacks on Saudi Arabian oil facilities. Benchmark Brent climbed as...
Gulf Today Report Oil prices advanced on Thursday on the likelihood of OPEC+ producers increasing output at their meeting later today, US fuel inventories decline. Brent crude futures added...
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...
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...
