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Gulf Independent - Oil-prices
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Oil prices down on profit-taking ECONOMY

Oil prices down on profit-taking

Oil prices fell in Asia on profit-taking Friday following two days of gains, with concerns about a global oversupply keeping optimism in check.

4:45 AM November 25 2016
Saudi Arabia moves to help stranded Indian workers ASIA

Saudi Arabia moves to help stranded Indian workers

Saudi Arabia took steps on Wednesday to help some 2,500 Indian workers stranded without money in the kingdom after a plunge in oil prices sparked construction layoffs.

4:45 AM November 25 2016
Oil faces big monthly loss as oversupply bites ECONOMY

Oil faces big monthly loss as oversupply bites

Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss since December 2015, pressured by slowing economic growth.

4:45 AM November 25 2016
Oil prices up in Asia after strong US, China data ECONOMY

Oil prices up in Asia after strong US, China data

Oil prices extended their rise in Asia Monday as robust economic data from the United States and China fuelled hopes of a pick-up in demand from the world's top two economies.

4:45 AM November 25 2016
Brent crude oil prices stable at $49.7 in end-June, says QNB ECONOMY

Brent crude oil prices stable at $49.7 in end-June, says QNB

Brent crude oil prices were stable at $49.7 a barrel at the end of June, QNB said in its latest ‘Qatar monthly monitor’.

4:45 AM November 25 2016
Saudi minister hopes slower global growth won't hit oil demand ECONOMY

Saudi minister hopes slower global growth won't hit oil demand

Saudi Arabia hopes that slower global growth will not trigger a fall in the current healthy demand for oil, Energy Minister Khalid al-Falih told a German newspaper in an interview, adding oil prices of around $50 per barrel were too low.

4:45 AM November 25 2016
Oil prices rise with recovering global markets ECONOMY

Oil prices rise with recovering global markets

Oil prices extended gains in Asia on Wednesday, tracking a recovery in equity markets as leaders look to temper fears over the effects of Britain's shock EU exit, while traders bet on measures to negate any turmoil.

4:45 AM November 25 2016
Oil prices rise on looming Norway strike, but Brexit still weighs ECONOMY

Oil prices rise on looming Norway strike, but Brexit still weighs

Oil prices rose on Tuesday as a looming strike in Norway threatened to cut output in western Europe's biggest producer, although Britain's vote to leave the European Union was still weighing on markets.

4:45 AM November 25 2016
Oil prices stabilize after Brexit vote, refined products glut looms ECONOMY

Oil prices stabilize after Brexit vote, refined products glut looms

Oil prices stabilized on Monday as market participants better absorbed the shock of last week's vote in Great Britain to leave the European Union and recognised the referendum would have little effect on global fuel demand.

4:45 AM November 25 2016
Oil prices dive as Britain votes to leave EU ECONOMY

Oil prices dive as Britain votes to leave EU

Oil prices slumped by more than 6% on Friday after Britain voted to leave the European Union in a landmark referendum, causing huge market uncertainty and fracturing European efforts to forge greater unity.

4:45 AM November 25 2016
Oil rises further above $50, braced for Brexit volatility INTERNATIONAL

Oil rises further above $50, braced for Brexit volatility

Oil rose further above $50 a barrel on Wednesday after an industry report showed a large drop in US crude inventories, with analysts expecting volatile trading ahead of Britain's referendum on EU membership.

4:45 AM November 25 2016
Oil rallies as fears over Brexit abate ECONOMY

Oil rallies as fears over Brexit abate

Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week.

4:45 AM November 25 2016