forex news Oil prices slump 4% as no output deal expected for OPEC Yomna Yasser Sep 24, 2016 0 Oil prices dropped 4 percent Friday on signs Saudi Arabia and arch rival Iran were making little progress in…
forex news Dollar falls from 2-week high before Fed and BOJ meetings Yomna Yasser Sep 19, 2016 0 The dollar dropped from a two-week high Monday, with a stronger oil price the chief theme in a market battening…
Arab Oil surges as Venezuela sees output deal, Libya suffers clashes Yomna Yasser Sep 19, 2016 0 Oil prices climbed almost 2 percent Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching…
MENA News Saudi Arabia may freeze crude production—if everybody else does too: Prince Turki Yomna Yasser Sep 3, 2016 0 Saudi Arabia could still agree to a deal to freeze oil production — as long as all other oil-producing nations do…
forex news Oil steadies as Saudi sees OPEC ‘common position’ Noha Gad Sep 1, 2016 0 Oil prices steadied on Thursday after Saudi Arabia said OPEC was moving towards a common position on oil production…
forex news Oil falls towards $49 on high output, strong dollar Noha Gad Aug 29, 2016 0 Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger…
International News Iran says to cooperate with OPEC to stabilise the oil market: IRNA Yomna Yasser Aug 27, 2016 0 Iran's oil minister said Friday that Tehran would cooperate with Organization of the Petroleum Exporting Countries…
Financial Institutions Morgan Stanley throws cold water on hints of any OPEC freeze deal Yomna Yasser Aug 23, 2016 0 Energy investors got all excited last week on hints of a freeze deal among major oil producers, but anyone hoping…
forex news Oil prices rise as potential supply cuts remain in focus Noha Gad Aug 18, 2016 0 Oil prices rose on Thursday, with Brent topping $50 a barrel for the first time in six weeks, as traders continued…
International News IEA cuts oil demand forecast weighed by economic uncertainty Yomna Yasser Aug 11, 2016 0 The world will consume less oil next year than previously thought as a climate of economic insecurity continues,…