Middle East
Oil Prices Surge Amid Middle East Tensions
Oil prices experienced a notable uptick on Friday, with fears of potential supply disruptions in the Middle East intensifying due to escalating tensions in...
Response of Federal Reserve to Israel-Hamas Conflict Raises Questions
Federal Reserve officials have been notably reticent in addressing the ongoing Israel-Hamas conflict. This stands in stark contrast to their proactive stance during the war...
Oil Exports Impact Brent Crude, WTI Prices
In response to recent reports of reduced export figures from two major oil-producing nations, Saudi Arabia and Russia, coupled with a surge in heating oil...
Market Watch: Oil Prices Set to Surge Despite China Concerns
In a promising outlook for the global oil market, UBS strategists have forecasted a rally in oil prices, potentially breaching the $90 per barrel mark...
US Oil Production Set to Surge in 2023
US oil production is projected to surge this year at a faster rate than previously anticipated, providing an extra influx of crude supplies to a...
US Grapples with Soaring Gas Prices as Saudi Arabia Persists with Production Restraints
Saudi Arabia has decided to extend its oil production cuts through September, a move that has further strained its relations with the United States. According...
Crude Oil Records Biggest Monthly Gain Since January 2022, Driven by Optimism on Global Economy
In a significant market development, crude oil has just concluded its largest monthly gain since January 2022, Driven by Optimism on Global Economy oil market....
Oil Prices Surge as Debt Ceiling Deal and Jobs Data Boost Sentiment
Oil Prices Surge as Debt Ceiling Deal and Jobs Data Boost Sentiment Crude oil futures experienced a notable upswing, with prices rising by over 2%...
Oil Prices Experience Volatility
Oil Prices Experience Volatility as Market Considers US Debt Ceiling Deal and Fed Rate Hikes New York, May 29, 2023 – Crude oil prices exhibited...
Dubai Financial Market General Index Closes Marginally Lower
The Dubai Financial Market General Index (DFMGI:IND) concluded the trading session on Tuesday with a slight decline of 4.34 points or 0.12%. The index settled...
