Oil prices eased on Friday as investors turned cautious ahead of U.S. jobs data that is expected to play into the Federal Reserve’s decision on the timing of any ... Read More
Oil prices plummeted on Tuesday, settling 8 percent lower, as weak Chinese data extended a roller-coaster run that knocked oil to its lowest in 6-1/2 years last week before ... Read More
Oil prices fell nearly 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude soared more than 8 percent ... Read More
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the ... Read More
Billions of dirhams were wiped off the value of Dubai shares yesterday, as stock markets across the Arabian Gulf lost US$58 billion on a day of calamitous trading. The ... Read More
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s ... Read More
Russia surpassed Saudi Arabia to become China‘s top oil supplier in May, news agency Bloomberg reported Tuesday, underlining the Kremlin’s efforts to boost ties with Beijing amid frosty relations with the West over the Ukraine ... Read More
* China’s monthly crude imports up 13 pct on month * But analysts warn fundamentals remain weak (Re-leads with price falls, updates prices) Oil fell on Friday, erasing gains ... Read More
Selloff in government bonds from Germany to Australia China stocks bounce after moderately encouraging PMI data Commodities rally in what might be a return to reflation Dollar softer on trade blow out, ... Read More
Brent crude oil hit 2015 highs above $63 per barrel on Thursday after a rally of more than 5 percent the previous session and analysts said more price rises were likely ... Read More
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