Tag: Oil prices
Regional Investors to Follow Trends in Global Markets, Oil Prices
Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...
Regional Traders Look To Oil Prices; Coronavirus Containment
Global equity markets observed positive sentiments as investors seem to be encouraged by aggressive monetary policy actions by Central Banks, especially the USD 2...
Slump in Oil Prices and Coronavirus Outbreak: Global Recession Seem Inevitable
At the start of this week, a global recession seems as the most probable scenario for the world's economy in 2020.
Stocks around the world...
S&P Global Survey: Middle East Crude Prices Reflect Collapsing Oil Markets
A survey of different crude market participants conducted yesterday by S&P Global Platts speaks volumes about the plunge in official selling prices (OSP) of...
Rising oil prices are positive for regional markets
Global equity markets closed the week on a negative note as investors turn cautious ahead of the start of the earnings season. The export...
Oil Prices Have Hit a Three-year High
Oil prices on Friday stayed near three-year highs reached earlier this week, with ongoing OPEC-led supply cuts and strong demand gradually drawing down excess...
Strong Oil Prices Expected to Have a Positive Effect on Trading...
For the second week in a row, tech companies powered US markets’ with APPLE’s stellar earnings driving the markets to another set of all-time...
Potential for Stronger Output Suppress Increase in Oil Prices
Oil prices rallied last Friday to register a seventh-straight session gain. New data showed the first decline in the number of active U.S. oil...
Oversupply Push Oil Prices Lower; “V-shaped Rebound” Likely
Oil prices ended higher last Friday, but suffered a weekly loss for the fifth time in a row. This is the longest run of...
Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future. As Saudi Arabia...
Oil and Gas Industry Adapts to The New Normal
Where the energy business takes place is now redefined by new fundamental shifts in the oil and gas industry.
Triggered by low oil prices, such...
Oil Prices Push up after OPEC’s Production Cut
The price of Brent crude, the international benchmark for oil prices, jumped above $52 a barrel on Thursday after the Organization of the Petroleum...
Oil prices whipsaw as regional markets weigh macroeconomic conditions
Oil declines to $50 a barrel after news on Russia’s no deal with OPEC
After the major OPEC news last week, oil reacted positively and...
Declining oil prices threaten expansion of Middle East airports
With the declining oil prices challenging the Middle East government budgets, the continuing expansion of airport infrastructure across the region will require alternative financing...
Oil prices officially charged into a bull market
Crude oil prices have advanced more than 20% from their August 2nd low over the past several sessions, signifying a bull-market run.
According to market...
Alternative solutions needed to fund capital projects in GCC
The new economic reality of lower oil prices will constrain the amount of funding available to the Gulf Cooperation Council’s (GCC) governments to finance...
Oil Prices Remain Flat on Strong Supplies
Oil prices slipped in early Asian trade on Monday on a strong dollar as the odds grow of a June or July rate hike,...
Rising OPEC Crude Production Suppresses Oil Prices
Oil prices fell on Monday as rising production in the Middle East outweighed a decline in US output and a recent slide in the...