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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...
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...
Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company’s retail network and...
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 Fujairah oil products stockpiles recorded gains across all categories for the first time in eight weeks. On Monday, the total inventory amounted to 23.282 million barrels,...
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....
The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that it has signed and completed a strategic real estate (realty) investment partnership with Abu Dhabi Pension Fund (ADPF). The...
BP plunged to a $5.7 billion loss last year, its first in a decade, as the pandemic took a heavy toll on oil demand, and the energy company warned...
