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Most stock markets in the Gulf ended lower on Sunday, in response to Friday's fall in oil prices, although the Saudi index bucked the trend to close higher.
Posted: December 3, 2023, 4:16 am
The drop in prices eventually forced higher-cost producers to exit the market as pumping was no longer profitable. Meanwhile, Saudi Arabia continued to pump as it was better able to withstand lower...
Posted: December 1, 2023, 1:34 pm
The global oil and gas infrastructure market size accounted for USD 706.9 billion in 2023 and is expanding at a notable CAGR of 6.35% from 2023 to 2032, According to Precedence ...
Posted: December 1, 2023, 6:00 am
WTI and Brent crude oil futures steadied with the market seemingly unconvinced that the latest round of production cuts by the OPEC+ coalition will be able to lift prices out of their recent slump.
Posted: December 1, 2023, 5:19 am
Oil futures edged lower in the morning Asian session on skepticism over the production-cut pledge by OPEC+, analysts say.
Posted: December 1, 2023, 4:50 am
Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group, and as weaker-than-expected Chinese factory data underscored slowing growth i...
Posted: November 29, 2023, 11:48 pm
Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group and as weaker-than-expected Chinese factory data underscored slowing growth in...
Posted: November 29, 2023, 8:58 pm
“The OPEC+ agreement has effectively protected the stability of oil markets.” Silveira didn’t provide details on Brazil’s membership, or whether it would participate in quotas. However, delegates ...
Posted: November 29, 2023, 3:59 pm
Oil prices continued to climb on Wednesday ahead of the critical OPEC+ meeting, with a storm in the Black Sea and the API’s report of a U.S. inventory draw.
Posted: November 29, 2023, 4:18 am
By Stanley Reed These are tricky times for the world’s major oil producers: Prices are lower, the health of the global economy is uncertain, and, even as the Organization of the Petroleum Exporting...
Posted: November 29, 2023, 2:44 am
The Salad Oil Market is witnessing a remarkable surge in demand as health-conscious consumers increasingly opt for nutritious and convenient food options. The market’s growth is fueled by the risin...
Posted: November 27, 2023, 11:22 pm
The facial oil market is projected to be valued US$ 1,069.0 million in 2023 by Future Market Insights (FMI). By the end of 2033, the revenue from sales of face oil is probably going to be US$ 1,915...
Posted: November 22, 2023, 10:43 pm

 

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