News Archive
Crude Oil News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC
<12>
Oil prices rebound on low stocks build (Reuters - 30/03/2016)

Oil futures rebounded in Asian trade on Wednesday, buoyed by a forecast for a less than expected build in crude oil stockpiles last week. A weakening dollar also lent some support but concern that a two-month rally was fading in an oversupplied market

Creating a digital future for oil and gas (Trade Arabia - 30/03/2016)

The oil and gas industry is facing a new productivity transformation, where digital technologies help companies discover new ways to drive increased efficiency, says a new report from global consulting services company Accenture. The 2016 Accenture and

Oil prices rebound on less than expected build in stocks (Reuters - 30/03/2016)

Oil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in crude oil stockpiles last week and a weakening dollar, but concern that a two-month rally was fading in an oversupplied market capped gains. A report by industry

Oil Advances on Weaker Dollar Before U.S. Crude Stockpile Data (Bloomberg - 30/03/2016)

Oil rose as the dollar weakened and before U.S. government data forecast to show crude stockpiles expanded for a seventh week. Futures climbed as much as 1.5 percent in New York, rising for the first time in five sessions. The Bloomberg Dollar Spot Index

Kuwait, Saudi Arabia agree to resume output at Khafji (Saudi Gazette - 30/03/2016)

Saudi Arabia and Kuwait have reached a deal to resume production at the disputed Khafji offshore oilfield, Kuwait’s acting oil minister said on Tuesday. “An agreement has been reached with the Saudi side at Aramco to resume production at Khafji field in

Oil price steadies from early slide (Arab News - 23/03/2016)

Oil prices steadied on Tuesday as shares on Wall Street pared losses and the euro recovered against the dollar after deadly blasts in Brussels prompted an initial flight risk from financial markets. Brent was up 18 cents at $41.72 a barrel by 12:12 p.m.

China’s Saudi crude imports near record high in February (Gulf Times - 22/03/2016)

China’s monthly oil imports from Saudi Arabia hit their second highest level on record in February, while arrivals from Russia also surged, as weak crude prices prompted the world’s top energy consumer to bring in record high volumes last month. China’s

Oil stabilises after fall on higher US rig count (Reuters - 21/03/2016)

Oil prices recovered from early losses on Monday as the market digested news of a modest rise in US drilling activity, though uncertainty lingered over the outcome of a meeting of the world's major exporters next month to discuss freezing output. US

Kuwait says expects oil price to rise to $50 per barrel in 2016 (Gulfnews - 20/03/2016)

Kuwait expects the price of crude oil to rise to $50 (Dh184) per barrel and said the Gulf Arab state exports about 2.1 million barrels per day, state news agency KUNA said citing a senior official. “Kuwait exports around 2.1 million barrels of crude oil

Kuwait says expects oil price to rise to $50 per barrel in 2016 (Reuters - 19/03/2016)

Kuwait expects the price of crude oil to rise to $50 per barrel and said the Gulf Arab state exports about 2.1 million barrels per day, state news agency KUNA said citing a senior official. “Kuwait exports around 2.1 million barrels of crude oil per day,

Oil extends gain from three-month high (Bloomberg - 19/03/2016)

Crude extended gains from a three-month high as US oil production dropped, while central-bank policies put pressure on the dollar and improved the outlook for demand growth. Futures rose as much as 2.5 per cent in New York. Crude output fell to the

Dollar edges higher after thumping while oil hits 2016 high (Reuters - 19/03/2016)

World shares headed for a fifth straight week of gains, their best run in over two years, on Friday, as this week’s thumping for the dollar, soothing central bank noises and a 2016 high for oil, boosted confidence. Europe opened with the euro under

Oil prices rise about 4% (Arab News - 17/03/2016)

Crude prices rose about 4 percent, resuming their rally from a two-day slide, as US stockpiles grew by less than half the levels expected while major oil producers readied to meet in Qatar next month on output freeze plan. The market is also the lookout

Oman’s crude oil production increases in February (Times of Oman - 16/03/2016)

Oman’s crude oil production grew by 0.72 per cent to 29.40 million barrels in February, which was equivalent to 1,013,713 barrels per day, according to the monthly statistics released by the Ministry of Oil and Gas. In February, 28.8 million barrels (or

Gold Price Drops before Fed Meeting, Oil Slips as Iran Defies Cut (Daily FX - 15/03/2016)

US dollar strengthened before U.S. Federal Reserve meeting this week, sending gold priceand most of G10 currencies lower today. Gold touched down on a support trend line, whose break would spell trouble to the January-March climb. The downside of gold

Qatar crude output edges up to 637,000 bpd in January: QNB (Gulf Times - 15/03/2016)

Qatar’s crude oil production edged up to 637,000 bpd in January from 632,000 bpd in December, QNB has said in its monthly monitor. Brent crude oil prices picked up to $36 per barrel in end-February compared with $34.7 a month earlier, QNB said. “We

OPEC output falls despite Iran raising production (Arab News - 15/03/2016)

OPEC said its oil production fell in February despite member Iran steadily increasing its output after international sanctions were lifted in January following a landmark nuclear deal. The decrease can be largely attributed to a steep production drop in

Oil prices stable as market seen bottoming (Reuters - 14/03/2016)

Oil prices were stable in early trading on Monday, with global oversupply and slowing economic growth weighing on markets but prospects of falling production lending some support. US crude futures were trading at $38.41 per barrel at 0239 GMT, down 10

US crude prices reach 2016 highs (Arab News - 13/03/2016)

The S&P 500 ended at its highest level of the year on Friday as oil prices climbed further and investors reassessed this week’s stimulus measures by the European Central Bank. Oil gains followed an International Energy Agency report that said the oil

Oil rises again on OPEC meeting anticipation (Arab News - 10/03/2016)

Oil rose on Wednesday, with Brent crude perched above $40 a barrel as hopes for a meeting of top producers that could cap output upstaged forecasts that US data due later in the day would show record high inventories for the fourth straight week.

Kuwait oil price up $2.13 to $32.23 per barrel (Gulfnews - 09/03/2016)

The price of Kuwaiti crude oil climbed $2.13 (Dh7.80) to reach $32.23 per barrel on Tuesday as opposed to $30.10 per barrel last Friday, said Kuwait Petroleum Corporation on Tuesday. According to the Kuwait News Agency, Kuna, global oil markets jumped

Brent holds above $40 as some investors call bottom on oil rout (Reuters - 08/03/2016)

Oil prices fell on Tuesday on weak Chinese trading data, but Brent remained over $40 a barrel after jumping to 2016 highs the previous day when producers announced talks to support the market and investors opened new bullish bets. Brent crude futures

UAE: Low oil price forcing producers to freeze output (Arab News - 08/03/2016)

The UAE’s energy minister said that current, low oil prices are forcing many producers to freeze output but that a correction in prices would take time. Saudi Arabia and non-OPEC producer Russia agreed last month to freeze output at January levels to

Oil likely to recover to $55 in 12 months (Oman Daily Observer - 06/03/2016)

Oil prices are likely to recover after 11-year low to $55 per barrel from the current $34 in 12 months, following gains in the latter half of 2016, according to a report. However, weakness in the price of crude oil is likely to continue in the

Saudi faces new oil titan after shale (Gulf Times - 03/03/2016)

Even if Saudi Arabia wins its struggle with US shale producers over market share, it will face a new billion-barrel adversary. It won’t be regional rival Iran, a resurgent Iraq or long-standing competitor Russia. The answer will be more prosaic: Even

<12>
Most Viewed Companies
Ticker Price Volume
QNBK 140.5 228,988
GFH 0.58
AMLAK 1.14 18,569,315
BATELCO 0.23
SABIC 99.9 648,774
ALMARAI 82 205,840
SECO 24.12 140,394
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?