Market

oil markets

Oil climbed toward $51 a barrel

22/05/2017(0)
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to ... Read More
dubai

UAE remains MENA’s top start-up hub

19/05/2017(0)
The UAE has retained the top position as the region’s tech startup hub for the fourth consecutive year, being home to one-third of all Middle East and North Africa ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices climb on hopes output cuts will be extended

19/05/2017(0)
Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in ... Read More
gold

The price of gold is surging

18/05/2017(0)
The price of gold is surging after political uncertainty appears to have pushed investors into safe-haven assets on Wednesday. The precious metal was trading at $1,258.50 an ounce as of ... Read More
High-gas-prices

Oil prices dip as supply remains ample despite output cuts

18/05/2017(0)
Oil prices dipped on Thursday, weighed down by plentiful supply despite ongoing efforts led by OPEC to tighten the market by cutting production. Brent crude LCOc1 was down 18 ... Read More
ikea

Ikea creating 1,300 jobs with plans to open three new stores in Britain

17/05/2017(0)
Ikea is to create 1,300 new British jobs by the end of 2018 as it opens three new outlets in Sheffield, Exeter and London. The Swedish flat pack furniture ... Read More
volkswagen

Volkswagen to recall nearly 600,000 vehicles in China over headlight concerns

17/05/2017(0)
Volkswagen is to recall hundreds of thousands of cars in China amid fears of a headlight fuse defect. The German motor giant will recall 577,590 Golf and Sagitar vehicles ... Read More
Oil-prices-petrol-pump

Oil drops on rising U.S. crude inventories, defies expected supply cut extension

17/05/2017(0)
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia ... Read More
Cotton

Cotton rally frays. But soybean prices hold firm

16/05/2017(1)
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes ... Read More
oil markets

Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018

16/05/2017(0)
Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production ... Read More
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