Tags Oil prices

Oil prices

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...

Is a “V-Shaped” Oil Prices Recovery on the Horizon?

A "V-shaped" oil prices recovery has been recently hinted by Core Labs, which detailed its outlook for the oil market when it reported its...

What’s behind the drop in oil prices?

The stunning fall in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February...

GCC’s fuel subsidy reforms offer only modest fiscal space

While fuel subsidy reforms in members of the Gulf Cooperation Council (GCC) will help address pressure from low oil prices on public finances, these...

Oil prices fall again on weak data, output doubts

Oil prices fell in early Asia trade Monday, dragged by weak Chinese manufacturing data and dimming prospects of a coordinated production cut by world's...