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Gulf Today Report Oil prices advanced on Friday, their highest level in a year due to indication of economic recovery in the United States and OPEC+ decision to cut...
Gulf Today Report Oil prices jumped on Thursday after OPEC+ major producers maintained a reduced output policy and US crude stockpiles decline. Brent crude futures gained 47 cents, or...
Gulf Today Report Oil prices advanced on Wednesday due to an unexpected draw in US crude stockpiles and an OPEC+ estimate of a global oil market deficit this year....
Gulf Today Report Oil prices steadied on Friday, its past three weeks range as investors hope for change in supply and demand due to slow-paced of vaccine rollout. Brent...
Gulf Today Report Oil declined on Thursday as US crude stocks gains, reviving pandemic-led demand worries, however, US stimulus hope curbed the slip in prices. US West Texas Intermediate...
Gulf Today Report Oil prices jumped on Wednesday on high hopes for the incoming US administration going ahead with a large stimulus that will aid fuel demand and drawdown...
Gulf Today Report Oil prices fell on Friday due to growing worries about Chinese cities in lockdown and US plans for the recently unveiled large stimulus package. Brent was...
Gulf Today Report Oil prices declined on Tuesday as soaring coronavirus cases worries investors, however, hope for a drawdown in crude oil inventory in the United States capped losses....
Gulf Today Report Oil prices slipped on Monday due to worries about global fuel demand as coronavirus restrictions across Europe toughens and China imposes restrictions due to jump in...
Gulf Today Report Oil prices jumped on Wednesday, its highest since February 2020 following Saudi Arabia’s agreement to reduce output and decline in US crude stockpiles last week. Brent...