forex news Oil prices fall as rising Libyan, US output undermines cuts Yomna Yasser May 31, 2017 0 Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that…
Arab Gulf bourses inch down after OPEC deal; Qatar’s Ezdan continues slide Yomna Yasser May 28, 2017 0 Most Gulf stock markets inched down on Sunday’s early trade after global oil producers agreed on Thursday to extend…
forex news US crude settles at $49.80, 1.8% higher, regaining ground after plunge on OPEC… Yomna Yasser May 27, 2017 0 Oil prices surged in choppy trade on Friday, after tumbling nearly 5 percent in the previous session on…
Industry & Trade Iraq, Iran support extending oil output cuts for 9 months Yomna Yasser May 25, 2017 0 Iran and Iraq’s oil ministers both told CNBC on Wednesday that they're ready to back a deal to extend OPEC-led…
Industry & Trade Saudi Arabia’s energy minister says 9-month extension is the ‘safe bet’ that… Yomna Yasser May 25, 2017 0 Oil prices whipsawed Thursday morning as traders reacted to comments from OPEC delegates ahead of a widely…
World Markets in Asia mostly higher after Fed minutes Yomna Yasser May 25, 2017 0 Markets were mostly higher on Thursday after U.S. Federal Reserve May meeting minutes indicated an unwinding of…
World European markets to open higher, OPEC and Trump meeting eyed Yomna Yasser May 25, 2017 0 European markets are expected to open higher Thursday as investors look ahead to OPEC talks and the latest leg of…
Industry & Trade Kuwait says OPEC, non-OPEC could deepen oil cuts nada nasser May 24, 2017 0 OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in Vienna this…
forex news Oil prices jump as market expects extended production cut Yomna Yasser May 24, 2017 0 Oil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening…
World Asian markets mixed after Moody’s downgrades China Yomna Yasser May 24, 2017 0 Major indexes in Asia were mixed on Wednesday after Moody's downgraded China's credit rating, and as investors…