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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...
Gulf Today Report Oil prices declined on Friday due to a fall in bond prices that pushed US dollar and hope that oil prices will reach above pre-pandemic levels....
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...
