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Gulf Today Report OPEC is set to meet on Monday and Tuesday to decide if there would be an extension on production cuts as coronavirus cases surge. The...
Gulf Today Report Oil prices fell on Friday as the US observes thanksgiving and markets having doubts about vaccine. Brent crude was down by 10 cents at $47.70 by...
Gulf Today Report Oil slumped on Thursday due to the sharp fall in US crude stockpiles. Brent futures were down 1 cent at $48.60 a barrel by 07:46 GMT,...
Gulf Today Report Oil advanced on Wednesday as market ignored the rise of US crude stockpiles above expectations due to optimism of COVID-19 vaccine, this is its fourth straight...
Gulf Today Report Oil gained on Tuesday to $47 a barrel as a third company announced its coronavirus vaccine, its biggest gain since March. Brent crude rose 31 cents,...
Gulf Today Report Oil prices jumped on Monday as traders remain hopeful for a COVID-19 vaccine soon. Fresh lockdowns in Europe and the US also affected the prices. Brent...
Gulf Today Report Oil prices remain the same, rising for a third consecutive week due to hope that OPEC+ would delay the increase in output. Brent crude futures were...
Gulf Today Report Oil futures fell on Thursday after it gained on Wednesday as the increase in coronavirus cases and new restrictions decrease fuel demand. Brent crude futures lost...
Gulf Today Report Oil prices rose on Tuesday on the hope that OPEC+ will hold out production cuts for at least three months. Brent crude futures for January rose...
Gulf Today Report Oil prices rose on Monday regaining some losses with the prospect of OPEC+ holding current output curbs. Brent crude futures for January advanced 54 cents or...