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The demand outlook remains clouded by increasing worries about an economic slump in the United States and Europe, debt distress in emerging market economies, and a strict zero Covid-19 policy in China
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Brent crude futures were down 14 cents cents, or 0.1 per cent, at $100.40 a barrel by 1337GMT. West Texas Intermediate (WTI) crude futures slipped by 31 cents, or 0.3 per cent, to $94.11
There are some positive news for the economy and the rupee’s recovery is reflected the market sentiments
DC Aviation Al-Futtaim sees spike in requests for private jets to Doha as football fever kicks in
Free cash flow increased to $789 million in second quarter of 2022 from $328 million in the corresponding quarter last year, supporting a first half dividend of $750 million, above previous guidance of at least $700 million
Board approves interim dividend of 40 fils per share for H1 2022
Brokerage companies in the DFM added 20,552 new investor accounts in the first seven months of 2022
Currency records second worst monthly performance in July by shedding 17% of its value
Second find in 2022 from first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession almost doubling the discovered field volume; Discovery indicates a further 1–1.5 TSCF of natural gas in place