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Brent Oil

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Brent oil edges up, near 26-month high amid supply concerns

27/09/2017(0)
Brent oil prices rose on Wednesday, hovering around a 26-month high hit in the previous session, after U.S. data showed an unexpected drop in crude stocks as refineries boosted ... Read More
ADX Abu Dhabi Securities Exchanges

How the stock market in Middle East perform; The Saudi, Dubai, Qatar, Kuwait, Abu Dhabi markets

23/03/2017(0)
Saudi Arabia’s stock market outperformed the region in early trade on Thursday, recovering some of the previous session’s losses, while in Dubai builder Drake & Scull climbed after it ... Read More
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Oil prices running out of reasons to rally

10/01/2017(0)
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Brent oil hovers above $50 on signs of a tighter market

19/08/2016(0)
Oil prices headed higher on Friday morning, even amid some profit taking profit-taking in Asia, with Brent prices pushing past $51 a barrel, underscoring the investors’ belief that oil ... Read More
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

Brent oil pushes above $50 for first time in nearly seven months

26/05/2016(0)
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude ... Read More
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Asia loses steam as major markets trade lower

23/02/2016(0)
Asian stocks lost momentum Tuesday, trading mostly lower as the improved market sentiment which spurred a global rally Monday appeared to fade. Chinese markets, which started trading at 9.30 ... Read More
OPEC logo

OPEC States Say No Meeting Planned as Russia Floats Talks

29/01/2016(0)
One Gulf member says Saudis have no proposal to cut output 5% Oil extends gains after closing Thursday at three-week high OPEC delegates said they have no meeting planned ... Read More
UAE stock market

Gulf markets edge up on Q2 results, firmer oil

06/08/2015(0)
Most Gulf stock markets edged up early on Wednesday as Brent oil climbed back above $50 per barrel and shares in DAMAC soared after the Dubai developer reported a ... Read More
Brent Crude Oil

Brent rises above $50 ahead of U.S. oil stocks data

05/08/2015(0)
Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. ... Read More
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Dollar Slips on Wages as Oil Drops; Chinese Stocks Drop

12/01/2015(0)
The dollar fell for a second day after an unexpected drop in U.S. wages clouded the outlook for interest rates, and crude oil resumed declines. Billionaire Li Ka-shing’s Cheung Kong ... Read More
Broker Cyprus TopFX