Oil prices rose today, Friday, amid signs of easing inflationary pressures in the United States of America, the world’s largest oil consumer, but are still heading for a weekly decline.
Brent crude futures rose 33 cents, or 0.4 percent, to $85.73 a b…
Oil prices fell during the end of trading, on Thursday, despite the weakness of the dollar after the disclosure of key US inflation data.
The dollar suffered sharp losses this week, with the focus largely shifting towards the upcoming inflation data …
The Organization of the Petroleum Exporting Countries (OPEC) maintained its expectations for relatively strong growth in global oil demand in 2024 and 2025, noting that flexible economic growth and strong air travel will support the use of fuel in the…
London, Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi said there is an agreement between the GCC and the United Kingdom (UK) emphasizing the importance of progressing towards finalizing negotiations for a free-trade agreemen…