OPEC+ - Global Business Magazine

Abu Dhabi sovereign fund pausing Russia investments, CEO says

Global Business Magazine March 28, 2022

Abu Dhabi's Mubadala Investment Company is pausing investments in Russia, which represent less than 1% of its portfolio, because of the Ukraine crisis, Read More

Energy News Oil & Gas World

Oil rises but set for weekly loss after talk of

Global Business Magazine March 11, 2022

Oil prices rose on Friday on continued concerns about supply disruptions for Russian oil and oil products, but were on track for Read More

Finance Featured News Regional

Direct Impact Of Russia-Ukraine War on Arab Insurance Marginal

Global Business Magazine March 10, 2022

There is no direct impact of the Russia-Ukraine war on the Arab insurance market as the Arab insurers dealings with their counterparts Read More

Energy News Regional

UAE sows confusion in oil market as it faces lower

Global Business Magazine March 10, 2022

Confusing messages from No. 3 OPEC producer the United Arab Emirates about whether it supported higher output or not stoked volatility in the Read More

Energy News Oil & Gas World

Oil bounces as tight supply gives high floor to prices

Global Business Magazine March 10, 2022

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying Read More

Finance News Regional

Higher oil prices boost Gulf markets, Aramco hits record high

Global Business Magazine March 3, 2022

Middle East stock markets rose on Thursday boosted by energy and commodity linked assets as oil prices neared $120 a barrel and the Read More

Finance News World

Morning Bid: A turning point for markets

Global Business Magazine March 2, 2022

When the yield on Germany's benchmark Bund, considered one of thea safest assets in the world, posts its biggest one-day fall since 2011 (Read More

Energy News Oil & Gas World

Oil prices soar as Ukraine conflict stokes supply concerns

Global Business Magazine March 1, 2022

Oil prices surged on Tuesday as concerns over supply disruptions after Russia's invasion of Ukraine and related sanctions outweighed talks of a Read More