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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...
Gulf Today Report Oil prices advanced on Monday as US crude output slowly returns after the cut by frigid conditions. Brent crude was up 76 cents, or 1.2%, at...
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...
Gulf Today, Staff Reporter Fujairah oil products stockpiles declined to their lowest level in 2021, however, exports of fuel oil set a high record. On Monday, the stockpiles had...
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...