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oil price

West Texas Oil

Oil retreats more than $5 on weak data, eroding 25 percent rally

02/09/2015(0)
Oil prices plummeted on Tuesday, settling 8 percent lower, as weak Chinese data extended a roller-coaster run that knocked oil to its lowest in 6-1/2 years last week before ... Read More
OPEC logo

Cooperation holds the key to oil’s future

01/09/2015(0)
OPEC Bulletin Commentary July-August 2015 International crude oil prices in July suffered their largest monthly decline since Lehman Brothers collapsed in the United States in 2008, marking the onset of ... Read More
qatar-exports

Qatari trade surplus falls in July due to oil and gas price volatility

31/08/2015(0)
Qatar’s trade surplus fell last month, largely because of tumbling oil and gas prices. It dipped 1.4 per cent from June to 14.3 billion Qatari riyals (Dh14.4bn) and plunged 55.6 per ... Read More
UAE stock market

Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound

31/08/2015(0)
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the ... Read More
oil

Oil markets extend gains after biggest daily climb in six years

28/08/2015(0)
Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude ... Read More
UAE stock market

UAE shares rise sharply in line with US and oil price recovery

27/08/2015(0)
UAE shares rose sharply on Thursday morning, on the back of US and Asian stock markets, and a rebound in the price of crude oil. Dubai’s headline index surged ... Read More
factory petro-hemicals

Why Saudi Arabia Won’t Cut Oil Production

27/08/2015(0)
Nine months after OPEC decided to leave its production target unchanged and pursue market share instead of trying to prop up prices, the group is facing a set of ... Read More
oil-well

Mideast Stocks Fall as Saudi Arabia Mulls Budget Cut on Oil Drop

26/08/2015(0)
Dubai’s benchmark gauge is biggest decliner in region Brent crude has dropped almost 60 percent in 12 months Most Middle Eastern stock markets declined amid mounting concern the region’s largest ... Read More
oil - petrol - A man fills up his car

Oil recovers but still ends near 6-1/2-year lows

26/08/2015(0)
 U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. ... Read More
stock-market-collapses

Dow plunges after rollercoaster trading on ‘Black Monday’ for global markets

25/08/2015(0)
Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility Hundreds of ... Read More
Broker Cyprus TopFX