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    Oil prices gain on strong economic data

    Oil prices gain on strong economic data

    06 Apr 2021

    Gulf Today Report  Oil prices surged on Tuesday following robust economic data from the United States and prospects of good recovery in China. Brent crude futures rose 38 cents,...

    Oil prices slip after gains led by OPEC+ move

    Oil prices slip after gains led by OPEC+ move

    05 Apr 2021

    Gulf Today Report  Oil prices fell on Monday, overshadowing strong gains that were recorded due to the OPEC+ decision to reduce some of its productions cuts between May and...

    Oil prices up as Opec+ meets to decide on production policy

    Oil prices up as Opec+ meets to decide on production policy

    01 Apr 2021

    Oil prices rose on Thursday on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place. Brent crude rose $1.02, or...

    Oil prices rise as investors await OPEC+ meeting outcome

    Oil prices rise as investors await OPEC+ meeting outcome

    01 Apr 2021

    Gulf Today Report  Oil prices gained on Thursday as markets focus on OPEC+ meeting later today hoping it would yield output constraint in the face of resurgent COVID-19 infections...

    Oil prices rise on OPEC+ output cut expectations

    Oil prices rise on OPEC+ output cut expectations

    31 Mar 2021

    Gulf Today Report  Oil prices gained on Wednesday as investors focus on OPEC+ meeting set for tomorrow in which producers would largely extend their supply curbs to May. Brent...

    Oil prices rise on hope of OPEC+ extending output cuts

    Oil prices rise on hope of OPEC+ extending output cuts

    30 Mar 2021

    Gulf Today Report Oil prices gained on Tuesday as traffic bounced back through the Suez Canal after days of delay and investors keep an eye on OPEC+ meeting this...

    Oil prices decline as the ship blocking Suez Canal starts moving

    Oil prices decline as the ship blocking Suez Canal starts moving

    29 Mar 2021

    Gulf Today Report Oil dropped beyond 2% on Monday after it was announced that salvage crews have been able to move the giant container ship blocking the Suez Canal....

    Oil prices gain on fears Suez Canal blockage may last weeks

    Oil prices gain on fears Suez Canal blockage may last weeks

    26 Mar 2021

    Gulf Today Report  Oil prices rose on Friday due to worries that it might take weeks before the container ship blocking the Suez Canal can be removed, thereby affecting...

    Oil prices decline on demand worries

    Oil prices decline on demand worries

    25 Mar 2021

    Gulf Today Report  Oil prices dropped below 2% on concerns of new restrictions affecting demand for oil products and blockage of the Suez Canal. Brent crude futures slid $1.33,...

    Oil steadies on stunt recovery due to European lockdowns

    Oil steadies on stunt recovery due to European lockdowns

    24 Mar 2021

    Gulf Today Report  Oil prices steadied on Wednesday after its previous day’s slump but fears of slow demand recovery due to new lockdowns in Europe capped the recovery. Brent...

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