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Energy
Oil price hits four-year low, touches $26.20
A fall in US inventories of crude, gasoline and distillates provided some support to prices. READ MORE
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Energy
Covid-19: Selloff on GCC markets continues, oil plunges over 11%
Many shares in the UAE and other GCC bourses have hit 52-week lows over the last few sessions. READ MORE
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Energy
US to fill strategic oil reserve 'to the top' to aid its producers
Strategic Petroleum Reserve has capacity to store up to an additional 77M barrels of oil READ MORE
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Energy
Oil prices jump almost 4%, reversing early losses
For the week, Brent is set to fall around 25 per cent, the biggest weekly decline since December 2008, READ MORE
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Energy
More US oil producers slash budgets
Latest cuts come on back of coronavirus outbreak crimping demand, price war between Saudi Arabia and Russia READ MORE
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Energy
Saudi Arabia provisionally charters 19 supertankers, 6 to US, as global oil price war heats up
Shipments to America would mark sharp increase from recent years READ MORE
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Energy
Oil deal needed to balance market
Saudi Arabia to hike oil output capacity for first time in years; Russia still open for discussions READ MORE
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Energy
Oil slumps 6% as US bans travel from Europe over pandemic
Oil is down around 50 per cent, from highs reached in January. READ MORE
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Energy
Saudi to boost oil output capacity by 1m barrels per day: Aramco
Aramco received a directive to increase its maximum sustainable capacity from 12m bpd to 13 bpd. READ MORE
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Energy
Oil prices rebound 9% amid hopes for output cut by US producers
Despite the rebound, investors remain on edge after Saudi Aramco indicated it would flood the market with crude. READ MORE
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Energy
Saudi Aramco CEO says to hike April crude supply to 12.3 million bpd
The company has agreed with its customers to provide those volumes starting April 1. READ MORE
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Energy
Oil prices bounce 7% after rout on stimulus hopes
Saudi says it will lift output in fight for market share. READ MORE
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BusinessDubai Holding and Meraas announced over Dh1 billion relief...
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