Oil declined on Wednesday due to reports of a surge in crude stockpiles in the US, and …
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OPEC
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FeatureIndustry & Trade
Oil demand growth slows amid economic hurdles – IEA
by Aya El Sayedby Aya El SayedThe International Energy Agency (IEA) reported that this year’s oil demand growth will likely hit 1.3 million …
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forex newsThe Watch
Oil pushed up by strong demand in early Wednesday trade
by Aya Anwarby Aya AnwarExpected strong global demand pushed oil prices up, notably in the United States despite ongoing concerns about …
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Featureforex newsIndustry & TradeThe Watch
Oil inches up ahead of US inflation data
by Aya El Sayedby Aya El SayedOil prices saw a marginal increase, with Brent futures nearing $83 a barrel and West Texas Intermediate …
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Oil fell on Monday due to concerns about sluggish demand in China, despite geopolitical tensions in the …
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FeatureIndustry & TradeMENA NewsNews
Aramco’s ’23 profit drops to $121b
by Aya El Sayedby Aya El SayedAramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its …
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International NewsNewsTech/AI
OPEC head sees share of Indian oil imports to grow again
by Nada Aliby Nada AliThe Organisation of the Petroleum Exporting Countries (OPEC) is poised to win a bigger share of India’s …
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Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic …
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FeatureIndustry & TradeInternational NewsNewsTech/AIunclassified
Oil prices drop on worries about interest rate hikes
by Nada Aliby Nada AliOil prices fell on Thursday due to concerns about slow demand and the possibility of elevated US …