Oil prices drop on worries about interest rate hikes
Oil prices fell on Thursday due to concerns about slow demand and the possibility of elevated US interest rates,…
Browsing Tag
oil demand
Aramco CEO expects rise of oil demand in ’24
Aramco CEO Amin Nasser expected that oil demand would rise to 104 million barrels per day (mbd) this year and 105…
Gulf’s real estate to grow in H1 2024 – Markaz
The Gulf real estate sector will grow in the first half of 2024 due to increasing demand and government policies…
IEA cuts 2024 global demand oil growth forecast – OMR report
The International Energy Agency (IEA) downgraded the global oil demand growth forecast to 880,000 barrels per day…
IEA foresees oil demand recovery
The International Energy Agency (IEA) anticipates tight oil markets, contrasting with the current decline in oil…
OPEC: Chinese demand to be 500-600k barrels/day
OPEC Secretary General, Haitham Al-Ghais, said on Tuesday the Chinese demand of oil will increase to 500 and 600…
Oil rises as Chinese demand increases
Oil extended gains for a second session on Wednesday as a result of a strong leap in manufacturing in China, which…
Oil prices drop amid strong dollar
Oil prices dropped in early Asian trade on Thursday as a strong dollar and economic woes outweighed optimism over…
Oil mixed on hurricane Ian output, dollar weighs
Oil prices were varied in early Asian trade on Wednesday as support from U.S. production cuts caused by Hurricane…
Oil prices stable on prospect of balancing supply after steep selloff
Oil stabled in early Asian trade on Tuesday.
