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    Oil declines as the road to economic recovery seems long

    Oil declines as the road to economic recovery seems long

    13 Nov 2020

    Gulf Today Report Oil prices slumped on Friday as doubt for slow economic recovery increases, but the market still recorded a second-week gain. Brent crude was down 51 cents,...

    Oil climbs with hope OPEC+ will delay increase in supply

    Oil climbs with hope OPEC+ will delay increase in supply

    12 Nov 2020

    Gulf Today Report Oil prices edge higher on Thursday, increasing the week’s gain to more than 11% on the prospect of a delay in supply increase as COVID-19 cases...

    Oil products in Fujairah low in two-weeks

    Oil products in Fujairah low in two-weeks

    11 Nov 2020

    Gulf Today Report Stockpiles of oil products in Fujairah declined, reaching a two-week low. Heavy distillates and residues also slumped, reaching a 15-month low. On Monday, stockpiles inventories amounted...

    Oil climbs as US crude stocks decline

    Oil climbs as US crude stocks decline

    11 Nov 2020

    Gulf Today Report Oil prices rose over 1% on Wednesday following a report stating that US crude inventories have declined beyond expectations. Brent crude futures were up 48 cents,...

    Oil prices decline as Europe face fresh lockdowns

    Oil prices decline as Europe face fresh lockdowns

    10 Nov 2020

    Gulf Today Report Oil prices fell on Tuesday as worries over near term fuel demand in coronavirus-hit Europe and the United States haunted the market after an overnight surge...

    Oil falls as US election result remain uncertain, COVID-19 cases rise

    Oil falls as US election result remain uncertain, COVID-19 cases rise

    06 Nov 2020

    GulfToday Report Oil slumped by more than 1% on Friday as Europe faces new lockdown rules and markets are on edge due to the uncertain US election outcome. West...

    Oil down over 1% as US election result remains uncertain

    Oil down over 1% as US election result remains uncertain

    05 Nov 2020

    GulfToday Report Oil slumps on Thursday as the race to the White House narrows down with Joe Biden in the lead. US West Texas Intermediate (WTI) crude futures dropped...

    Oil slumps as Trump claims victory in race to the White House

    Oil slumps as Trump claims victory in race to the White House

    04 Nov 2020

    GulfToday Report Oil fell on Wednesday as President Donald Trump declared himself victorious in the US election, although millions of votes are yet to be counted. West Texas Intermediate...

    Oil prices extend rally on US Election Day

    Oil prices extend rally on US Election Day

    03 Nov 2020

    Oil prices gained 3% as financial markets are on the way to recovery, however, fears over the second wave of coronavirus in the world limited further gains. Brent crude...

    Saudi, Bahrain non-oil trade hits $2.17 billion in three quarters

    Saudi, Bahrain non-oil trade hits $2.17 billion in three quarters

    26 Oct 2020

    Business Bureau, Gulf Today Non-oil trade between Saudi Arabia and Bahrain increased 43 per cent to $688.4 million during the third quarter (Q3) of 2020 compared to $481 million...

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