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Gulf Independent - Oil-prices
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Qatar ‘will act to maintain liquidity if needed’ ARABIA

Qatar ‘will act to maintain liquidity if needed’

Authorities in Qatar will use fiscal policy and money market operations if needed to prevent low oil and gas prices from causing a liquidity crunch in the banking system, QCB governor was quoted as saying.

4:45 AM November 25 2016
Brent 'likely to average $65 in 2017 as market may rebalance' ECONOMY

Brent 'likely to average $65 in 2017 as market may rebalance'

Brent crude is likely to average $65 a barrel in 2017 as the current prices are “far too low to spur” necessary investment, resulting in the “market rebalancing” eventually, a new study shows.

4:45 AM November 25 2016
Oil rises above $35 on dollar, potential producer meeting ECONOMY

Oil rises above $35 on dollar, potential producer meeting

Oil extended a rally above $35 a barrel, adding to the previous session's 7% jump, as support from a weaker dollar offset concern about ample supply and record-high US inventories.

4:45 AM November 25 2016
Oil slides nearly 6% as hopes for output cut fade ECONOMY

Oil slides nearly 6% as hopes for output cut fade

Oil fell on Tuesday, with US crude briefly slipping below $30, dented by worries about demand amid a mild winter and concerns of rising supply as hopes for a deal between Opec and Russia on output cuts fade.

4:45 AM November 25 2016
Oil weakens as profit-taking kicks in ahead of stocks data ECONOMY

Oil weakens as profit-taking kicks in ahead of stocks data

Crude oil futures declined on Wednesday, heading back towards $30 a barrel as profit-taking wiped out a chunk of the gains notched up in the previous session on hopes for output cuts.

4:45 AM November 25 2016
Asian stocks struggle as oil falters, China weakens ECONOMY

Asian stocks struggle as oil falters, China weakens

Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even more fragile before a U.S. Federal Reserve policy statement due later.

4:45 AM November 25 2016
Managing oil price crisis is critical issue, says al-Attiyah ARABIA

Managing oil price crisis is critical issue, says al-Attiyah

The dramatic fall in oil prices recently is not the first in history and would not be the last. For GCC countries high oil prices or low prices should not be a problem but how to deal with it ...

4:45 AM November 25 2016
Crude oil falls as market braces for more Iranian oil ECONOMY

Crude oil falls as market braces for more Iranian oil

US crude oil futures fell in Asian trade on Friday, heading lower after posting the first significant gains for 2016 in the previous session, as the prospect of additional Iranian supply looms over the market.

4:45 AM November 25 2016
UAE energy minister expects oil prices to recover this year ECONOMY

UAE energy minister expects oil prices to recover this year

United Arab Emirates Energy Minister Suhail al-Mazrouei said Tuesday he expects a recovery in plummeting oil prices before the end of the year.

4:45 AM November 25 2016
Oil extends losses, nears $33 a barrel ECONOMY

Oil extends losses, nears $33 a barrel

Oil prices plunged close to $33 a barrel as crude extended losses on rising US energy stockpiles and China's weakening currency.

4:45 AM November 25 2016
Oil slides below $35 on rising stocks, fading hopes of export cuts ECONOMY

Oil slides below $35 on rising stocks, fading hopes of export cuts

Oil prices fell below $35 per barrel for the first time since 2004 on Wednesday, tumbling more than 5 percent as the row between Saudi Arabia and Iran made any cooperation between major exporters on cutting output even more unlikely.

4:45 AM November 25 2016
Mena oil exporters move towards 'fiscal reality' amid price slump: EIU ECONOMY

Mena oil exporters move towards 'fiscal reality' amid price slump: EIU

Governments in the Middle East and North Africa (Mena) region are moving towards “fiscal reality” in view of the sustained low oil prices, making efforts to manage their public finances, a recent report has shown.

4:45 AM November 25 2016