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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,...
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...
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...
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...
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 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...
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...
Oil prices extended losses to about 3% on Friday after US President Donald Trump said he has tested positive for COVID-19, while agreement on a US stimulus package eluded...
Venezuela's oil revenue has collapsed 99 percent over the last six years, President Nicolas Maduro said, blaming financial sanctions put in place by the US for much of the...
Anglo-Dutch energy major Shell said Wednesday it will axe 7,000-9,000 jobs by the end of 2022 in a major overhaul to combat plunging oil prices driven by the coronavirus...
