forex news Oil drops as glut, profit-taking beat back optimism over OPEC meet Yomna Yasser Aug 9, 2016 0 Crude prices inched lower Tuesday on continued worries over a global oil glut and as investors took profits on…
forex news Oil rises on new output freeze calls, but traders bet on further falls Noha Gad Aug 8, 2016 0 Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum…
Industry & Trade OPEC delegates say Saudi comments show higher oil price desire Noha Gad Jul 14, 2016 0 OPEC delegates say comments from top exporter Saudi Arabia, which two years ago led the group to drop its historic…
Industry & Trade Huge stocks overhang threatens oil price recovery: IEA Noha Gad Jul 13, 2016 0 The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand…
forex news Oil drops as investors lock in gains; surprise U.S. stockpile build Noha Gad Jul 13, 2016 0 Crude futures fell on Wednesday as investors locked in gains after oil prices surged nearly 5 percent in the…
Industry & Trade OPEC sees tighter 2017 oil market, Brexit drag on economy Noha Gad Jul 12, 2016 0 OPEC on Tuesday gave an upbeat outlook for the oil market in 2017, saying global demand for its crude would be…
World European stocks slightly lower with ECB, OPEC meetings on deck Yomna Yasser Jun 2, 2016 0 European stocks inched lower Thursday as investors waited to hear about monetary policy from the European Central…
Arab Gulf stock markets mixed ahead of OPEC meeting Yomna Yasser Jun 2, 2016 0 Stock markets in the Gulf were mixed in early trade Thursday ahead of an OPEC meeting later in the day that will…
forex news Oil prices tread water ahead of OPEC meeting Noha Gad Jun 2, 2016 0 Oil prices were steady on Thursday on mixed market signals ahead of an OPEC meeting in Vienna, which analysts said…
forex news Gulf OPEC members plan joint action on oil output Yomna Yasser Jun 1, 2016 0 Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major…