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Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the beginning of a meeting of...
The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum...
Gulf Today Report Pakistan Prime Minister Imran Khan has rejected a proposal by the Oil and Gas Regulatory Authority (Ogra) for an increase in fuel prices from about Rs6...
Gulf Today Report Oil prices declined on Friday due to a fall in bond prices that pushed US dollar and hope that oil prices will reach above pre-pandemic levels....
Gulf Today Report Oil prices advanced on Monday as US crude output slowly returns after the cut by frigid conditions. Brent crude was up 76 cents, or 1.2%, at...
Gulf Today Report Oil prices edged higher on Wednesday following industry data indicating a fall in US crude oil stocks that boosted hope for a rise in global fuel...
Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company’s retail network and...
Oil prices rose more than 2% on Tuesday, hitting near 12-month highs after major crude producers showed they were reining in output roughly in line with their commitments. Brent...
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...
