Oil Prices drop on Weak Demand, Potential Iran Deal
Oil prices fell on Monday as traders focused on whether Iran and six world powers would reach a deal that could add…
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Brent Crude
Gold Prices in Egypt jump on Yemen Tensions
Gold prices in Egypt surged on Wednesday by 5 Egyptian pounds (US$0.66) in response to increased military actions…
Saudi Arabia’s OPEC governor: Hard to reach $100-120 Oil Again
Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to…
Brent drops toward $59 as Dollar firms on U.S. Jobs Data
Brent crude fell toward $59 a barrel on Monday as a promising U.S. jobs report pushed the dollar up, offsetting…
Oil up Sharply, posts First Monthly gain Since June
Crude oil rose sharply on Friday as Brent and U.S. futures posted their first monthly gains since June, supported…
Gulf Markets slip on Thursday
Most major Gulf stock markets slipped on Thursday despite stronger oil prices, as low trading volumes indicated…
Brent drops toward $61 as U.S. Crude Stocks rise
Brent crude fell toward $61 per barrel on Thursday, after a sharp rally in the previous session, as bulging U.S.…
Gulf Markets Mixed as Oil falls; Egypt rebounds
Gulf stock markets were narrowly mixed on Wednesday, guided largely by announced and expected dividends, as weaker…
Brent Crude Extends Rally as IEA Warns of Middle East Risks
Brent crude prices extended their rally beyond $62 a barrel on Tuesday as the IEA warned of supply risks in the…
Oil slides nearly 2% after Disappointing Inventory Data
Oil futures moved sharply lower on Wednesday, pressured by a stronger dollar, a forecast downgrade and the latest…