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Gulf Independent - Oil-price
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Qatar shares rise 2.27% on oil price gains ECONOMY

Qatar shares rise 2.27% on oil price gains

Qatar Stock Exchange on Tuesday vaulted 219 points to inch near the 9,900 mark, reflecting the trajectory of global oil price, which stood near eight-month high of more than $51 a barrel.

4:45 AM November 25 2016
Qatar accounts for 8.57% of total value of planned GCC projects ARABIA

Qatar accounts for 8.57% of total value of planned GCC projects

Qatar accounts for 8.57% of the total value of the pipeline of projects planned in the GCC (as of May), which amounted to $2tn, Meed has said in a report.

4:45 AM November 25 2016
Crude futures fall after Kuwaiti oil workers end strike ECONOMY

Crude futures fall after Kuwaiti oil workers end strike

Crude futures fell on Wednesday after Kuwaiti oil workers ended a three-day strike that had cut the nation's crude output by around half, with worries about an oversupplied market returning to the fore.

4:45 AM November 25 2016
Oil prices rise as Kuwait oil strike diminishes supply ECONOMY

Oil prices rise as Kuwait oil strike diminishes supply

Oil prices rose on Tuesday as a strike in Kuwait cut huge amounts of crude out of the supply chain, but analysts said the disruption would be short-lived and that markets would soon refocus on a global supply glut.

4:45 AM November 25 2016
Oil prices tumble after Saudi-Iran tensions sink output deal ECONOMY

Oil prices tumble after Saudi-Iran tensions sink output deal

Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel.

4:45 AM November 25 2016
Iran not sending representative to OPEC meet: minister ECONOMY

Iran not sending representative to OPEC meet: minister

Iran will not be sending any representative to a key oil summit in Doha aimed at negotiating a production freeze, Tehran's petroleum minister said on Sunday.

4:45 AM November 25 2016
Iran's oil production has already surpassed 3.5 million bpd ECONOMY

Iran's oil production has already surpassed 3.5 million bpd

Iran's oil production has already surpassed 3.5 million barrels per day, the deputy oil minister said on Saturday, and the Islamic Republic is seeking to increase oil and gas exports in the coming month.

4:45 AM November 25 2016
Qatar bourse turns bearish, index falls 40 points ECONOMY

Qatar bourse turns bearish, index falls 40 points

Qatar Stock Exchange on Wednesday fell 40 points to retreat below the 10,400 levels, mainly dragged by consumer goods and real estate stocks.

4:45 AM November 25 2016
Oil rout over, OPEC aims for $50 anchor, says PIRA's Ross ECONOMY

Oil rout over, OPEC aims for $50 anchor, says PIRA's Ross

Major OPEC producers are privately starting to talk about a new oil price equilibrium of $50 a barrel, adding to signs that the market's long, deep rout is officially over, says one of the industry's leading prognosticators.

4:45 AM November 25 2016
UAE says oil price forcing producers to freeze output ECONOMY

UAE says oil price forcing producers to freeze output

United Arab Emirates energy minister said on Monday that current oil prices will force many producers to freeze output and that a correction in prices would take time.

4:45 AM November 25 2016
Oil prices extend gains in Asia ECONOMY

Oil prices extend gains in Asia

Oil prices extended gains in Asia Monday boosted by strong US jobs growth data as a cut in US drilling activities sparked hopes of an easing in the global supply glut.

4:45 AM November 25 2016
Oil jumps as strong US jobs growth spurs demand hopes ECONOMY

Oil jumps as strong US jobs growth spurs demand hopes

Oil prices pushed higher Friday as strong US jobs growth data sparked hopes for improved demand in the world's largest crude consumer.

4:45 AM November 25 2016