Tag: Oil

The UAE continues to be immune to the regional civil unrest.

UAE looks better placed than other markets in CEEMEA at the current time.

EIA reported an increase of 1.3 million barrels of crude oil for the week ended October 7, pushing the price lower.

Last week, crude oil for November delivery slumped to a low of $74.95 per barrel and subsequently found a base before heading higher. Tuesday‘s...

A faster than expected second quarter growth in the U.S. economy and Germany’s agreement on Euro nations bailout helped crude rebound a bit from...

U.S. crude oil futures lost more than 6 percent, the biggest one-day percentage drop in six weeks, as recession fears resurfaced following Wednesday's bleak...

Last week, crude oil for October delivery ended on a positive note as WTI advanced for the fourth week running. The contract expires on...

Crude oil for October delivery managed to end the week in the positive, however only rose a little in weekly terms despite having ranged...

The U.S. Energy Information Administration's short-term economic growth assumptions have been lowered substantially this month compared with August's Energy Outlook. The latest forecast assumes that...

On Monday, gold futures continued to climb through the Asian trading session. The contract was up $52.00 to $1,703.80 an ounce. During the session, it...

There was a contract change for crude oil this week as volume on September delivery increased and the price rose for the fourth consecutive...

Oil futures declined nearly 3% Friday, as the dollar strengthened. The dollar traded higher compared to major rivals by the end of the last...

In reports published on Monday, both Goldman Sachs and Morgan Stanley increased their price forecasts for European benchmark Brent crude, citing decreasing spare capacity...

In the oil market, analysts agree that any signals about global recovery faltering will raise concerns about future oil demand. Oil prices slid from highs...

Precious metals rallied on Wednesday, as worries about inflation reappeared. Investors bought into gold and silver back after a selloff earlier this week. Gold for...

Crude-oil futures bounced off 12-week lows in electronic trading Wednesday, as the U.S. dollar declined and encouraged buying in dollar-priced commodities, ahead of a...

Oil price extended losses on Tuesday, as the dollar benefited from ongoing worries about European sovereign-debt issues and concerns about U.S. growth and oil...

'Arab Oil & Gas 2011' to gather energy producers, service providers and technology vendors in Dubai Arab Oil & Gas (AOGS) 2011, the premier biennial...