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SHOWING Results
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...
Gulf Today Report Oil prices advanced up to 1% on Tuesday following major producers decisions to cut crude output to support the market suffering from low demand. Brent crude...
Gulf Today Report Oil prices jumped on Monday after a slow start, although the delay in coronavirus vaccine rollout and discovery of new variants have cast a shadow over...