Oil Prices

A gas pump is seen hanging from the ceiling at a petrol station in Seoul

Oil prices surge, smash trading volume records as OPEC and Russia agree output cut

01/12/2016(0)
Oil prices shot up 13 percent, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned ... Read More
opec

OPEC reportedly reaches agreement to cut oil production

30/11/2016(0)
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing ... Read More
Brent Crude Oil

Oil prices edge up ahead of OPEC meeting

30/11/2016(0)
It’s all getting very nervy ahead of the Organisation of the Petroleum Exporting Countries‘ (Opec) meeting later today. Members of the producer cartel will be trying to get the ... Read More
dollar

Dollar claws back some losses as investors look to U.S. data, OPEC

29/11/2016(0)
The dollar clawed back some losses on Tuesday as Italian political woes weighed on the euro, though the greenback remained shy of recent highs after U.S. Treasury yields stepped ... Read More
dubai

6 key trends that will shape the UAE real estate industry

28/11/2016(0)
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up prices in this segment, enabling it to outperform a ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall over doubts of planned crude output cut

28/11/2016(0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
Oil-prices-petrol-pump

Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

25/11/2016(0)
Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and as many traders are reluctant to take big ... Read More
An employee holds a gas pump at a petrol station in Sao Paulo

Oil prices static on uncertainty over planned production cut

24/11/2016(0)
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from ... Read More
Oil-prices-petrol-pump

Oil prices fall on renewed doubts on OPEC-led production cut

23/11/2016(0)
Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting ... Read More
Oil-prices-petrol-pump

Rally for oil prices stretches further as optimism builds for OPEC deal

22/11/2016(0)
Oil futures extended their advance into a third session in Asia trading Tuesday, as anticipation over a production cut at next week’s meeting of the Organization of the Petroleum ... Read More
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