Oil ends a losing streak that extended for 3 sessions

2023-11-02 19:39:09 Direct: Oil prices rose at the end of trading on Thursday, with the dollar index declining following the Federal Reserve fixed interest rates, which increased the attractiveness of the commodity and enhanced expectations of demand for crude. Brent crude futures for January delivery rose by 2.6%, equivalent to $2.22, at $86.85 per barrel, … Read more

Oil rises 2% as the conflict continues in the Middle East

2023-11-01 15:41:18 direct- Brent crude prices jumped by regarding 2% today, Wednesday, ahead of meetings of central banks around the world this week, including the Federal Reserve, while markets closely await developments in the conflict in the Middle East. Brent crude futures rose $1.68, or 0.2%, to $86.70 per barrel, at 10:08 ET, while West … Read more

Fortune Arabia: 32 Emirati companies on the list of the 100 most profitable companies

2023-11-01 07:49:40 Abu Dhabi – Mubasher: Fortune Arabia announced the launch of the Fortune Arab 500 list for the year 2023, which includes the 500 largest companies in the region in terms of annual revenues. According to the statement issued yesterday, Tuesday, Emirati companies registered the largest number of companies on the list of the … Read more

Oil decline globally… and Brent is less than $87 per barrel

2023-10-30 19:21:38 Live: Oil futures losses increased at Monday’s close, with an assessment of diplomatic efforts aimed at containing geopolitical tensions in the Middle East. Brent crude futures for December delivery fell by 3.35%, equivalent to $3.03, at $87.45 per barrel, the lowest level at the end of trading since the October 12th session. The … Read more