forex news Oil rises after third weekly loss as Saudi Arabia expects recovery Yomna Yasser Jun 12, 2017 0 Oil traded Monday above $46 a barrel as predictions by Saudi Arabia and Russia that crude markets will rebalance…
forex news Oil slips over worries Middle East rift will undermine output cuts Yomna Yasser Jun 6, 2017 0 Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several…
Industry & Trade US oil production to keep growing even as drillers’ costs hike, analysts say Yomna Yasser Jun 3, 2017 0 U.S. oil production is once again booming, and analysts expect few headwinds strong enough to jolt the recovery off…
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…