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Gulf Today Report Oil prices declined on Monday due to increase in coronavirus cases leading to lockdown imposed in different parts of the world, including Southern California, the world’s...
Gulf Today Report Oil prices gained by 2% on Friday on course for its fifth week of an increase due to consensus by major producers to retain the cut...
Gulf Today Report Oil slumped on Monday as investors wait for OPEC+ to decide if the large output cut that was made to support market would be extended. January...
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...
Business Bureau, Gulf today The Abu Dhabi National Oil Company (Adnoc) announced on Thursday, the award of a contract worth up to $519 million (Dhs1.9 billion) to further expand...
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...
At a time when the coronavirus has been battering not just the economic lives of people but also nations, this is surely heartening news. The new oil discovery in the...
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,...