Tag: Oil Price
Low oil prices is an opportunity for GCC economies to reinvent...
Dramatic drop in oil prices is a game changer for the macro outlook for 2015
‘Too low’ oil prices adds to the picture of rising...
A Few Reason for Investors in Dubai Not to Worry about...
The continuous decline in oil prices casted doubts on the GCC governments’ ability to sustain the planned level of spending in 2015. Western media...
5 Industries Worried About Peak Oil
The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is...
Weak Fundamentals Weigh on Oil Price
In electronic trade on Monday, oil futures fell further, adding to heavy losses suffered at the end of the previous week. Rising U.S. dollar...
Oil market undergoing positive ‘supply shock’: IEA
The oil market is undergoing a positive "supply shock" as production in North America continues to grow at a record pace and refining capacity...
Oil price struggles after controversial forecasts
On Tuesday Brent crude dipped below $100 per barrel for the first time in nine months. This caused worries among investors supported by weaker...
Oil prices on recovery run
On Friday the price of oil jumped back again in electronic trade. The rebound came after two days of serious losses. Yet, a number...
Oil prices jump 10% in a month
Over the last month oil prices rose by 10% with the support of several events. Saudi Arabia has cut down its oil output. The...
Oil advances on escalating Gaza conflict
Price of Brent crude reached almost $110 per barrel today, while the growing tension turned into violence between Palestine an Israel. This brought uncertainties...
Obama’s reelection may trigger gold price to $3,500
How the US presidential election affects gold and oil markets
Barack Obama was elected for President of the United States for a second term. This...
Oil prices rise on Middle East uncertainty
Investors worry over supply while weak dollar boosts crude-oil prices
Oil futures moved up during European trading hours on Monday, because investors are concerned about...
High Oil Prices will constrain Economic Growth
During the last century, cheaper oil prices gave a boost to global economic growth. However, during the last decade, prices for oil surged, and...
Oil Prices & MENA Unrest
This week prices of crude oil reached its highest level for the past four months. That is due to the tense atmosphere in the...
EIA expects oil to reach $103 a barrel till year end
The Energy Information Administration of the Department of Energy predicts that the Brent crude oil spot price will reach about $103 per barrel during...
Oil prices to jump 10% on supply fears and strong demand
The International Monetary Fund forecast oil prices will gain 10 percent on average in 2012 compared with a year earlier on possible supply disruptions...
Oil Current Overview and Outlook
WTI prices increase by 2.6% to USD105.11 per barrel in the review period
Increase in geo-political risk keep oil prices high
OPEC production (ex Iraq) increases...
Oil trades near nine-month high
The Greek rescue deal is “a very good agreement,” European Central Bank President Mario Draghi said after the talks ended in Brussels. Finance ministers...
Oil Market Outlook 2012
Global Investment House of Kuwait today released its Oil Market Outlook 2012. Here are the major highlights