Oil price resumes longest rally since 2012; Opec output a concern يوليو 4, 2017 Oil pared earlier losses yesterday, resuming its longest stretch of daily rallies in more than five years after data pointed to moderating US output, though analysts said news of...
The forward curve for oil prices looks suddenly awful for Opec يونيو 18, 2017 As if a mini-collapse in oil prices wasn’t bad enough for Opec, the pattern in which futures contracts are trading years from now has flipped into the worst possible...
Opec deal extension isn’t enough to rope in crude oil bulls يونيو 6, 2017 The good news from Opec wasn’t good enough. Hedge funds trimmed bets on rising crude prices to the lowest level since November as oil futures dipped below $50 a...
Opec decision a boon for construction sector: SAK يونيو 5, 2017 Doha Bank has announced a car loan offer fully loaded with a free comprehensive car insurance for this Ramadan. The offers comes along with the most competitive interest rate...
Despite Opec deal, oil slips on supply woes مايو 30, 2017 Oil prices fell yesterday, pressured by concerns that production cuts by the world’s big exporters may not be enough to drain a global glut that has depressed the market...
Opec’s failure to spell out its strategy may hit market مايو 29, 2017 Opec ministers failed in their attempt to convince the market that they have a plan when they agreed to extend output cuts for another nine months. The extension wasn’t...
Opec ponders how to co-exist with US shale oil مايو 28, 2017 First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas. The history of the relationship between Opec and the...
OPEC meets to extend oil cuts for up to one year مايو 25, 2017 OPEC and non-member oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to help clear a global stocks overhang and...
