US crude ticks up 11 cents at $50.66 for third straight weekly gain
Oil prices climbed on Friday, hovering close to their highest levels in months, as major producers may wait until…
Browsing Tag
oil prices
Gulf stocks may rise on upbeat global stocks, oil
Gulf stock markets may have a firm tone Sunday, taking their cue from strong crude oil prices and upbeat global…
Global real estate exhibition increases developers in Dubai
The start of a major international real estate exhibition in Dubai on Monday boosted shares in some second-tier…
US crude makes second straight weekly loss, settling at $48.82, as oil glut persists
Oil prices edged higher on Friday but made another weekly decline after the International Energy Agency said market…
Oil prices rise after US stockpile fall
Oil futures edged higher in early Asian trading Thursday, adding to gains from the previous session after official…
OPEC wants oil prices above $50, but US shale producers won’t play along
Growth in U.S. oil production is slowing, yet it will continue to blunt OPEC's efforts to cut supply and normalize…
European stocks lower as oil and bank shares are dragged down
Stock markets in Europe ebbed lower on Wednesday, as energy shares pulled back alongside a drop in oil prices,…
BP expects oil prices to be below $55 a barrel in 2018
BP expects global oil prices to hold within a range of $45-$55 a barrel in 2018 as U.S. shale production grows, the…
Oil stable as strong demand meets ongoing supply glut
Oil prices were stable Tuesday, backed by strong consumption but weighed by ongoing high supplies from producer…
US crude grows 5.2% this week, closing at $46.54, as global appetite for oil looks…
Oil prices inched higher in volatile trading on Friday as signs of strengthening demand was offset by still-high…