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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...
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 prices decline on Thursday regardless of the drop in US crude stock as the dollar gains momentum and strength in fresh fuel demand affected prices....
Gulf Today Report Oil product stockpiles at the Fujairah port declined to an eight week low due to decline in heavy distillates as exports of fuel oil soared. As...
Gulf Today Report Oil prices rise on Wednesday after data indicated an unexpected decline in US crude stockpiles and China reported its lowest daily rise in COVID-19 cases. Brent...
Gulf Today Report Oil prices fall on Tuesday as market hope for rapid approval of new US economic stimulus diminishes and coronavirus infections surge. Brent crude was down 15...
Gulf Today Report Oil prices fell on Monday as countries renew COVID-19 restrictions increasing worries over global fuel demand. Brent crude futures declined by 8 cents, or 0.1%, to...
Gulf Today Report Oil prices slipped on Friday, slipping from its 11-month highs due to concerns of the new pandemic restrictions in China affecting demand. US West Texas Intermediate...
Eng. Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, has signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block 4...
