Feature Oil demand growth slows amid economic hurdles – IEA Aya El Sayed Mar 14, 2024 0 The International Energy Agency (IEA) reported that this year’s oil demand growth will likely hit 1.3 million…
The Watch Oil pushed up by strong demand in early Wednesday trade Aya Anwar Mar 13, 2024 0 Expected strong global demand pushed oil prices up, notably in the United States despite ongoing concerns about its…
Feature Oil inches up ahead of US inflation data Aya El Sayed Mar 12, 2024 0 Oil prices saw a marginal increase, with Brent futures nearing $83 a barrel and West Texas Intermediate crude…
The Watch Oil declines further in early Monday trade Aya Anwar Mar 11, 2024 0 Oil fell on Monday due to concerns about sluggish demand in China, despite geopolitical tensions in the Middle East…
Feature Aramco’s ’23 profit drops to $121b Aya El Sayed Mar 10, 2024 0 Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
International News OPEC head sees share of Indian oil imports to grow again Nada Ali Mar 6, 2024 0 The Organisation of the Petroleum Exporting Countries (OPEC) is poised to win a bigger share of India's oil imports…
Feature Gulf markets dip as oil declines Aya El Sayed Mar 5, 2024 0 Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic reforms…
Feature Oil prices drop on worries about interest rate hikes Nada Ali Feb 29, 2024 0 Oil prices fell on Thursday due to concerns about slow demand and the possibility of elevated US interest rates,…
Money Russia halts gasoline exports for 6 months Aya El Sayed Feb 27, 2024 0 Russia imposed a six-month gasoline export ban starting on March 1 to stabilise prices due to increased demand from…
The Watch Oil declines in early Monday trade Aya Anwar Feb 26, 2024 0 Oil continued its decline after experiencing a weekly drop, as traders awaited new indications regarding global…